Five-Year Comparison of Major Taxes

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Overall comparison of tax collections (2003-2010)

FY 03 – $5.9 billion

FY 04 – $6.2 billion

FY 05 – $6.9 billion

FY 06 – $7.5 billion

FY 07 – $8.8 billion

FY 08 – $9.1 billion

FY 09 – $8.4 billion

FY 10 – $6.9 billion

Source: Louisiana Department of Revenue

Tax FY 06 FY 07 FY 08 FY 09 FY 10
Sales $2.7 billion $2.8 billion $2.8 billion $2.8 billion $2.4 billion
Individual Income $2.4 billion $3.1 billion $3.2 billion $3 billion $2.2 billion
Severance $719 million $898 million $1 billion $928 million $774 million
Corporation Franchise $261 million $284 million $248 million $195 million $145 million
Corporation Income $505 million $721 million $747 million $586 million $435 million
Petroleum Products $607 million $623 million $592 million $602 million $593 million
Liquor/Alcohol $53 million $53 million $56 million $56 million $55 million
Tobacco $135 million $143 million $147 million $147 million $137 million
Other $68 million $171 million $172 million $162 million $118 million

Source: Louisiana Department of Revenue