Replies to post #679533 on Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

"Released March 18, 2021
G20-QTAX4
STATE AND LOCAL GOVERNMENT TAX
REVENUE2

The fourth quarter of 2020 combined tax revenues
for property, sales and gross receipts, and income
taxes increased 6.8 percent to $426.4 billion from
$399.3 billion in the same quarter of 2019.3

Property tax revenue
The estimated total for the fourth quarter of 2020
state and local property tax revenue increased 4.2
percent to $164.1 billion (±7.7 billion). This is not
statistically significant from the $157.5 billion (±7.5
billion) collected in the same quarter of 2019.

Individual income tax collections
Individual income tax collections in the fourth
quarter of 2020 showed an increase of 9.5 percent
to $122.9 billion (±0.5 billion), from $112.2 billion
(±0.3 billion) collected in the same quarter of 2019.
General sales and gross receipts tax revenue
General sales and gross receipts tax revenue
increased 4.6 percent to $115.9 billion (±1.9 billion) in
the fourth quarter of 2020, from $110.8 billion (±0.9
billion) collected in the same quarter of 2019.
Corporation net income tax revenue
Corporation net income tax revenue for the fourth
quarter of 2020 was $23.6 billion (±0.09 billion),
an increase of 25.6 percent from the $18.8 billion
(±0.07 billion) collected in the same quarter of
2019.

STATE TAX COLLECTIONS4

Total state tax revenue increased 7.0 percent to
$273.9 billion in the fourth quarter of 2020, from
$256.1 billion reported in the same quarter of 2019.
Individual income tax, at $98.5 billion, was up 10.1
percent from $89.5 billion in the same quarter of
2019. General sales and gross receipts taxes, which
accounted for $88.3 billion, increased 3.8 percent
from $85.0 billion in the same quarter of 2019. At
$17.0 billion, corporation net income tax collections
increased 31.6 percent from the $12.9 billion
collected in the same quarter in 2019. In the fourth
quarter of 2020, the majority of the states’ largest
tax by value of collection was either individual
income tax or general sales and gross receipts
tax.

The data and technical documentation for this release can be found at <www.census.gov/programs-surveys/qtax.html>.

[Donotunderstand]

two separate - right?

stimulus money sent to GOV - and it covers most - all or more than the lost revenue

the economy and impact on housing sales and prices -- is separate - although it is impacted by the larger stimulus program

(although - I would hate to see the house that getting $1,400 allowed you to buy - afford)

[PennMilitia]

Local GOVT employees get morefor their back pockets

Your never gonna meet a GOVT employee who doesn't like a Tax
increase or a Fee increase. That's how they get more for their
back pockets at taxpayer expense.