August 3, 2026 By Business DailyNew York state’s tax revenue for 2024 totaled $119.7 billion, with income taxes accounting for $77.1 billion, or 64.4% of the overall collections, according to the U.S. Census Bureau's Annual Survey of State Government Tax Collections (STC). The State Government Tax Collections (STC) survey tracks five major tax categories and up to 25 subcategories, gathering data from all 50 state governments and their dependent agencies. According to the U.S. Census Bureau, state and local governments collect a wide range of taxes to fund public programs and services. In 2024, state tax collections alone amounted to nearly $1.5 trillion nationwide, representing a significant part of overall government operations. In 2023, North Dakota topped the list with the largest state tax collection per capita at $7,715.71, followed by Hawaii ($7,098.72) and Vermont ($6,948.15), according to the U.S. Census Bureau.