Delaware’s income tax revenue up 66.7 percent in year since Q2 2020

Jul 1, 2021

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Delaware collected $680 million in individual income taxes during the second quarter of 2021, a 66.7 percent increase over the same period the previous year, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

In the second quarter of 2020, $408 million was collected.

Individual income taxes are based on net personal income and taxes imposed on such income as dividends, interest and income from intangibles.

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 state governments.

Overall, Delaware collected $1.9 billion in combined tax revenues in the second quarter of 2021.

Q2 Delaware Tax Collections

Type of Tax	Amount (in millions of dollars)
Sales and Gross Receipts Taxes	$203
License Taxes	$772
Income Taxes	$832
Other Taxes	$69

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