Federal and State Government Taxes Federal, State, and local taxes claim a third of income generated in the United States. Increases in economic activity expand the tax base and increase government revenues. Indian Gaming created 684,158 jobs throughout the United States. The wages associated with these jobs generated federal, state, and local payroll, income, and other taxes and helped reduce welfare payments and unemployment benefits, freeing up more government revenue for other purposes. Wages paid to employees of Indian Gaming amounted to $7,968,391,098 and employment resulting from Indian Gaming employees spending their disposable incomes, gaming operation purchases, capital spending and transfer payments to Tribal Governments, generated another $29,021,044,193 in wages.
Together in 2022, casino employment, operation purchasing and other economic activities of Indian Gaming, as well as the spending that happens with transfer payments to Tribal governments was responsible for generating $11,516,274,869 in Federal Taxes, $4,624,234,382 in State Taxes , $1,387,751,993 in County Taxes. In total $17,528,261,245 was generated in tax revenues for these forms of governments in 2022.
2022 Tax Revenues by Federal, State & County Government
$20,000 $18,500 $16,000 $14,500 $12,000 $10,500 $8,000 $6,500 $4,000 $2,000 $-
$17,528.3
$11.516.3
$4,642.2
$1,387.8
Federal Taxes
State Taxes
County Taxes.
Total Taxes
Source: Dupris Consulting Group, LLC & IMPLAN Application
28 INDIAN GAMING - ANNUAL REPORT 2023
Made with FlippingBook - Online catalogs