| Comparative Yield of State Taxes, 1970-71 through 2001-02 | ||||||||||||||||||||
| Includes both General and Special Funds | ||||||||||||||||||||
| (Dollars in Thousands) | ||||||||||||||||||||
| Year | Bank and | Estate | Alcoholic | Horse | Motor | |||||||||||||||
| Ending | Sales | Personal | Corporation | Tobacco | Inheritance | Insurance | Beverage | Racing | Vehicle | Vehicle | ||||||||||
| June 30 | and Use | Income | (a) | (b) | and Gift (c) | (d) | (e) | (f) | Fuel (g) | Fees (h) | ||||||||||
| 1971 | $1,808,052 | $1,264,383 | $532,091 | $239,721 | $185,699 | $158,423 | $106,556 | $64,601 | $674,635 | $513,202 | ||||||||||
| 1972 | 2,015,993 | 1,785,618 | 662,522 | 247,424 | 220,192 | 170,179 | 112,091 | 69,380 | 712,426 | 547,845 | ||||||||||
| 1973 | 2,198,523 | 1,884,058 | 866,117 | 253,602 | 260,119 | 179,674 | 114,884 | 72,693 | 746,196 | 596,922 | ||||||||||
| 1974 | 2,675,738 | 1,829,385 | 1,057,191 | 258,921 | 231,934 | 201,697 | 119,312 | 78,289 | 742,702 | 644,448 | ||||||||||
| 1975 | 3,376,078 | 2,579,676 | 1,253,673 | 261,975 | 242,627 | 202,991 | 120,749 | 86,637 | 752,234 | 664,453 | ||||||||||
| 1976 | 3,742,524 | 3,086,611 | 1,286,515 | 268,610 | 316,648 | 241,224 | 125,313 | 96,117 | 766,555 | 749,936 | ||||||||||
| 1977 | 4,314,201 | 3,761,356 | 1,641,500 | 269,384 | 367,964 | 322,476 | 127,485 | 102,702 | 810,321 | 807,782 | ||||||||||
| 1978 | 5,030,438 | 4,667,887 | 2,082,208 | 273,658 | 365,092 | 387,560 | 132,060 | 111,591 | 850,181 | 924,410 | ||||||||||
| 1979 | 5,780,919 | 4,761,571 | 2,381,223 | 268,816 | 416,955 | 420,184 | 140,059 | 112,856 | 896,591 | 1,021,856 | ||||||||||
| 1980 | 6,623,521 | 6,506,015 | 2,510,039 | 290,043 | 465,611 | 446,228 | 138,940 | 127,002 | 852,752 | 1,096,640 | ||||||||||
| 1981 | 7,131,429 | 6,628,694 | 2,730,624 | 278,161 | 530,185 | 460,926 | 142,860 | 129,779 | 839,994 | 1,127,293 | ||||||||||
| 1982 | 7,689,023 | 7,483,007 | 2,648,735 | 276,824 | 482,300 | 454,984 | 139,523 | 119,626 | 833,446 | 1,373,354 | ||||||||||
| 1983 | 7,795,488 | 7,701,099 | 2,536,011 | 271,621 | 517,875 | 736,929 | 136,209 | 120,159 | 928,633 | 1,614,993 | ||||||||||
| 1984 | 8,797,865 | 9,290,279 | 3,231,281 | 263,231 | 236,452 | 457,490 | 137,433 | 141,001 | 1,213,167 | 1,906,290 | ||||||||||
| 1985 | 9,797,564 | 10,807,706 | 3,664,593 | 262,868 | 296,805 | 643,139 | 135,786 | 133,814 | 1,159,637 | 2,137,326 | ||||||||||
| 1986 | 10,317,930 | 11,413,040 | 3,843,024 | 258,141 | 252,810 | 839,939 | 132,262 | 131,592 | 1,194,172 | 2,515,295 | ||||||||||
| 1987 | 10,904,022 | 13,924,527 | 4,800,843 | 255,076 | 273,089 | 1,008,804 | 131,288 | 131,733 | 1,245,881 | 2,692,835 | ||||||||||
| 1988 | 11,650,531 | 12,950,346 | 4,776,388 | 250,572 | 304,148 | 1,158,321 | 128,734 | 132,208 | 1,293,254 | 2,966,334 | ||||||||||
| 1989 | 12,650,893 | 15,889,179 | 5,138,009 | 559,617 | 335,091 | 1,317,630 | 128,264 | 143,379 | 1,320,512 | 3,142,484 | ||||||||||
| 1990 | 13,917,771 | 16,906,568 | 4,965,389 | 787,076 | 388,527 | 1,167,684 | 128,524 | 147,920 | 1,349,146 | 3,305,711 | ||||||||||
| 1991 | 13,839,573 | 16,852,079 | 4,544,783 | 745,074 | 498,774 | 1,287,152 | 129,640 | 148,279 | 1,999,771 | 3,513,159 | ||||||||||
| 1992 | 17,458,521 | 17,242,816 | 4,538,451 | 726,064 | 446,696 | 1,167,307 | 321,352 | 130,042 | 2,457,229 | 4,369,862 | ||||||||||
| 1993 | 16,598,863 | 17,358,751 | 4,659,950 | 677,846 | 458,433 | 1,188,181 | 292,107 | 114,037 | 2,412,574 | 4,470,321 | ||||||||||
| 1994 | 16,857,369 | 17,402,976 | 4,809,273 | 664,322 | 552,139 | 1,196,921 | 275,797 | 118,215 | 2,547,633 | 4,518,795 | ||||||||||
| 1995 | 16,273,800 | 18,608,181 | 5,685,618 | 674,727 | 595,238 | 998,868 | 268,957 | 108,974 | 2,685,731 | 4,749,594 | ||||||||||
| 1996 | 17,466,584 | 20,877,687 | 5,862,420 | 666,779 | 659,338 | 1,131,737 | 269,227 | 106,057 | 2,757,289 | 5,009,319 | ||||||||||
| 1997 | 18,424,355 | 23,275,990 | 5,788,414 | 665,415 | 599,255 | 1,199,554 | 271,065 | 90,627 | 2,824,589 | 5,260,355 | ||||||||||
| 1998 | 19,548,574 | 27,927,940 | 5,836,881 | 644,297 | 780,197 | 1,221,285 | 270,947 | 81,930 | 2,853,846 | 5,660,574 | ||||||||||
| 1999 | 21,013,674 | 30,894,865 | 5,724,237 | 976,513 | 890,489 | 1,253,972 | 273,112 | 61,185 | 3,025,226 | 5,610,374 | ||||||||||
| 2000 | 23,457,385 | 39,574,649 | 6,638,762 | 1,216,646 | 928,148 | 1,299,777 | 282,165 | 45,563 | 3,041,370 | 5,241,110 | ||||||||||
| 2001 * | 25,022,940 | 43,305,000 | 6,865,000 | 1,188,000 | 968,000 | 1,330,000 | 288,000 | 42,078 | 3,136,879 | 5,199,885 | ||||||||||
| 2002 * | 26,158,680 | 44,810,000 | 6,931,000 | 1,170,600 | 1,022,000 | 1,353,000 | 291,000 | 42,078 | 3,220,720 | 5,448,536 | ||||||||||
| (a) | Includes the corporation income tax and, from 1989 through 1997, the unitary election fee. | |||||||||||||||||||
| (b) | Proposition 99 (November 1988) increased the cigarette tax to $0.35 per pack and added an equivalent tax to other tobacco products. | |||||||||||||||||||
| The Breast Cancer Act added $0.02 per pack effective 1/1/94. | ||||||||||||||||||||
| Proposition 10 (November 1998) increased the cigarette tax to $0.87 per pack and added the equivalent of $1.00 tax to other tobacco products. | ||||||||||||||||||||
| (c) | Proposition 6 (June 1982) repealed the inheritance and gift taxes and imposed an estate tax equal to the maximum allowable | |||||||||||||||||||
| Federal estate tax credit effective for decedents dying on or after June 8, 1982. | ||||||||||||||||||||
| (d) | The conclusion of litigation resulted in additional revenue of $51 million in 1987-88, $178 million in 1988-89, $7 million in 1990-91, and $5 million in 1991-92. | |||||||||||||||||||
| It also resulted in refunds of $46 million in 1993-94, $127 million in 1994-95, $39 million in 1995-96, $15 million in 1996-97, and $30 million in 1997-98. | ||||||||||||||||||||
| (e) | Alcoholic beverage excise taxes were significantly increased effective July 15, 1991. | |||||||||||||||||||
| (f) | Beginning in 1988-89, includes revenues from satellite wagering that were not included in prior years. | |||||||||||||||||||
| (g) | Motor vehicle fuel tax (gasoline), use fuel tax (diesel and other fuels), and jet fuel. | |||||||||||||||||||
| (h) | Registration and weight fees, motor vehicle license fees, and other fees. Due to the offset program, 1998-99 vehicle license fee values reflect a 25 percent | |||||||||||||||||||
| reduction for 1999. The values reflect a 35 percent reduction for 2000, and 2001. | ||||||||||||||||||||
| * | Estimated | |||||||||||||||||||