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Most tax revenue came from income taxes ($8.2 billion) and sales and gross receipts taxes ($5.7 billion).
The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.
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.
Below is a breakdown of how taxes were classified by the bureau and how much was collected.
2018 Colorado Tax Collections
Type of Tax | Amount |
---|---|
Property taxes | $0 |
Sales and gross receipts taxes | $5,712,243,000 |
License taxes | $816,832,000 |
Income taxes | $8,170,466,000 |
Other taxes | $102,722,000 |
General sales and gross receipts taxes | $3,211,909,000 |
Selective sales and gross receipts taxes | $2,500,334,000 |
Alcoholic beverages sales tax | $46,989,000 |
Amusements sales tax | $124,714,000 |
Insurance premiums sales tax | $262,411,000 |
Motor fuels sales tax | $675,962,000 |
Pari-mutuels sales tax | $525,000 |
Public utilities sales tax | $0 |
Tobacco products sales tax | $193,881,000 |
Other selective sales and gross receipts taxes | $1,195,852,000 |
Alcoholic beverages license | $9,102,000 |
Amusements license | $728,000 |
Corporations in general license | $21,265,000 |
Hunting and fishing license | $76,251,000 |
Motor vehicle license | $597,097,000 |
Motor vehicle operators license | $41,794,000 |
Public utilities license | $13,742,000 |
Occupation and business license, nec | $56,774,000 |
Other license taxes | $79,000 |
Individual income taxes | $7,510,366,000 |
Corporations net income taxes | $660,100,000 |
Death and gift taxes | $0 |
Documentary and stock transfer taxes | $0 |
Severance taxes | $102,722,000 |
Taxes, nec | $0 |