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USAFacts
USAFacts
Health

State government tax collections dropped in second quarter of 2020

Like the federal government, state governments collect large amounts in tax revenue each year. In 2019, for example, state governments collected over $1.1 trillion in tax revenue, and in the same time period, the federal government collected $3.5 trillion.

State governments collect taxes in various ways, primarily individual income tax, general sales tax, and corporate income tax, though methods vary from state to state.

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