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$112 billion

October 7, 2013

New Jersey has three percent of the population of the United States, yet it provides 4.6 percent of the national budget. That came to $112 billion in fiscal year 2011, according to statehealthfacts.org, a website operated by the Henry J. Kaiser Family Foundation.

Residents send little more than a tenth of that sum in income taxes to the state: New Jersey collected $12.8 billion in income taxes that year. Nevertheless, the total tax sum collected in New Jersey was $27.2 billion.

Surprisingly, in terms of state tax burdens, was the sales tax, which provided $12 billion to the state budget. Property taxes came to $4 billion, while licenses and other taxes totaled about $2 billion.

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