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Tax Revenue Generation
$138.15M
in state tax revenue generated by the automotive industry’s economic activity.
3%
of total state tax revenue
$160.93M
Federal income taxes
$508.24M
Vehicle use tax / licenses / fees
—
New vehicle sales taxes
—
Parts & services sales tax
$8.71M
Corporate profits taxes
—
Used vehicle sales taxes
Source: Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2023 data year.
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