Gov. Nathan Deal's office reported Tuesday that corporate income tax collections were up while individual income tax collections were down. Overall, total net tax revenue collections for the fiscal year are $7.34 billion, an increase of 5.4 percent compared to the same point the previous year.
Gross sales tax collections declined $17.25 million compared to last year, continuing a trend following the elimination of the old birthday car tax. The governor's office noted the collections have been reduced while motor vehicles fees have increased an average of $55.75 million per month under the new system.
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