The state of Iowa collected 13 percent more revenue from individual income taxes last year than in 2012, but saw sales tax revenue drop 0.1 percent, according to a report from the U.S. Census Bureau.
Overall, the Census Bureau's annual survey of state tax collections found that tax revenue in all 50 states increased by 6.1 percent to a record $846 billion from 2012. From fiscal year 2010 to 2011, all state government tax revenue increased by 7.3 percent.
Iowans paid $3.4 billion in personal income taxes last year and $2.5 billion in sales taxes. Corporations contributed $429 million in tax revenue.
Forty-eight states saw an increase in total tax revenue in fiscal year 2013. States with the largest percentage increases were North Dakota (27.8 percent), California (15.6 percent), Hawaii (10.5 percent) and Colorado (9.6 percent). Two states, Alaska and Wyoming, had decreases in total tax revenue primarily because of a decline from 2012 in severance tax revenues. Severance taxes are collected for the removal or harvesting of natural resources. Iowa does not collect severance taxes.
The Census Bureau said that total state government tax revenue on individual income rose to $309.6 billion for 2013, up 10.3 percent, and general sales tax revenue rose to $254.7 billion for 2013, up 3.9 percent from 2012.
Corporation net income tax revenue increased to $45 billion for 2013, a 7.9 percent increase.
Individual income tax revenue, general sales tax revenue and corporation net income tax revenue accounted for 72 percent of all state government tax collections nationally.