State Government Tax Collections Increased $62 Billion In 2011 ? Michigan Up 16.4 Percent
LANSING - Overall government tax collections for the 50 states increased $62.1 billion to $763.7 billion in 2011, according to data released Thursday by the U.S. Census Bureau. Corporate net income tax revenue came to $40.2 billion last year, up 9.4 percent. Tax revenue on individual income amounted to $259.1 billion, up 9.8 percent, and