Taxes News
Lower individual income tax revenue in Minnesota during Q3 2023
The third quarter of 2023 brought in $3.2 billion in individual income tax revenue for Minnesota, a 26.7% decrease from the second quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
Q3 2023 Tax Revenue: Minnesota collects $3.5 billion in sales and gross receipt tax
Minnesota collected $3.5 billion in tax and gross receipts, a 3.9% increase from the second quarter of 2023, according to the U.S. Census Bureau