Combined tax revenues in Delaware decreased 1.7% in the fourth quarter of 2021 in comparison to the previous quarter, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.
Overall, Delaware collected $1.2 billion in taxes during the fourth quarter of 2021, compared to $1.2 billion in the previous quarter.
The majority of the state’s tax revenue was collected through income taxes ($582 million) and corporations in general license ($355 million).
In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.
The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.
| Type of Tax | Amount (millions) |
|---|---|
| Income Taxes | $582 |
| License Taxes | $355 |
| Sales and Gross Receipts Taxes | $132 |
| Other Taxes | $93 |
Source: U.S. Census Bureau
