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Revenue Estimates.pdf

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Preview of Revenue Estimates
🔗 Source: legis.iowa.gov
📊 Size: 35 KB
👤 Author: Robinson, Jeff [LEGIS]
⬇️ Downloads: 94

Summary

Tax receipts increased by 16.8% from FY 21 to FY 22, with personal income tax rising by 16.8% and sales/use tax by 10.6%. Corporate income tax increased by 51.7%. Total tax receipts were $10,279.6 million in FY 22 and estimated to be $10,557.1 million in FY 23. Total net receipts were $8,675.2 million in FY 22 and estimated to be $9,082.6 million in FY 23. Net receipts plus transfers were $8,800.6 million in FY 22 and estimated to be $9,210.6 million in FY 23.

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Description

Tax receipts increased by 16.8% from FY 21 to FY 22, with personal income tax rising by 16.8% and sales/use tax by 10.6%.

Technical Information

  • File Format: PDF
  • File Size: 35 KB
  • Pages: 2
  • Language: EN
  • Author: Robinson, Jeff [LEGIS]
  • Total Downloads: 94
  • Last Updated: 1 week ago

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