State Taxes Increase 7% in ‘88; Treasuries Rake in $264 Billion

Taxpayers paid 7% more in state taxes in fiscal 1988 than they did in the previous year, the government reported today.

The Commerce Department reported that state tax revenues totaled $264 billion in the year ending June 30, 1988, compared to $246 billion in the previous fiscal year.

California had the largest total state tax revenue, $36 billion.

Tax collections in Hawaii, Montana and Oklahoma posted 20% gains each, the department said. Other states registering big gains included Texas, 19%; Alaska, 18%; Kansas and Maine, 17% each; Florida, 16%, and South Dakota, 15%.

New Hampshire had the lowest per capita state tax, $532. The national per capita tax average was $1,077.