Tax Expenditure Budget

Fiscal Year 2016 Tax Expenditure Budget Summary (in Millions)

Tax Type

FY2012

FY2013

FY2014

FY2015

FY2016
Personal Income Tax 5,693.6 5,972.0 6,059.0 6,387.1 6,805.7
Corporate and Other Business Excise 1,606.0 1,763.8 1,753.3 1,769.5 1,853.3
Sales and Use Tax 4,561.1 4,598.1 4,718.5 4,829.7 4,961.4
Total11,860.7 12,333.9 12,530.8 12,986.3 13,620.4