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The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.
The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.
Below is a breakdown of how taxes were classified by the bureau and how much was collected.
2022 New Mexico Tax Collections
| Type of Tax | Amount |
|---|---|
| Property taxes | $116,584,000 |
| Sales and gross receipts taxes | $4,187,126,000 |
| License taxes | $372,541,000 |
| Income taxes | $1,611,166,000 |
| Other taxes | $2,314,300,000 |
| General sales and gross receipts taxes | $3,291,197,000 |
| Alcoholic beverages sales tax | $21,719,000 |
| Amusements sales tax | $69,276,000 |
| Insurance premiums sales tax | $235,866,000 |
| Motor fuels sales tax | $266,949,000 |
| Pari-mutuels sales tax | $1,184,000 |
| Public utilities sales tax | $35,695,000 |
| Tobacco products sales tax | $101,968,000 |
| Other selective sales and gross receipts taxes | $163,272,000 |
| Alcoholic beverages license | $0 |
| Amusements license | $2,175,000 |
| Corporations in general license | $50,255,000 |
| Hunting and fishing license | $29,415,000 |
| Motor vehicle license | $223,076,000 |
| Motor vehicle operators license | $13,550,000 |
| Public utilities license | $1,856,000 |
| Occupation and business license, nec | $52,214,000 |
| Other license taxes | $0 |
| Individual income taxes | $1,301,085,000 |
| Corporations net income taxes | $310,081,000 |
| Death and gift taxes | $0 |
| Documentarty and stock transfer taxes | $0 |
| Severance taxes | $2,250,072,000 |
| Taxes, nec | $64,228,000 |
| Selective sales and gross receipts taxes | $895,929,000 |
Source: U.S. Census Bureau
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