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Tuesday, November 26, 2024

New Mexico reports $390 million in miscellaneous tax revenues in Q3 2019

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New Mexico collected $390 million in miscellaneous tax revenue during the 3rd quarter of 2019, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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.

3rd Quarter New Mexico Tax Collections

Type of TaxAmount (in millions of dollars)
Property Taxes$2
Sales and Gross Receipts Taxes$1,014
Income Taxes$433
License Taxes$58
Other Taxes$390
Source: U.S. Census Bureau

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