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Taxes in Nebraska > Sources of Major
State and Local Taxes > Motor
Vehicles > DATA: Motor Vehicle Taxes and the Economy
MOTOR
VEHICLE TAXES AND THE ECONOMY
| Year |
Motor
Vehicle Property Taxes |
Inflation |
Gross
State Product |
| 1980 |
47,435,638 |
$47,435,638 |
$47,435,638 |
| 1981 |
51,407,540 |
$52,328,877 |
$53,998,226 |
| 1982 |
59,710,780 |
$55,552,658 |
$54,642,292 |
| 1983 |
69,689,675 |
$57,337,251 |
$56,092,105 |
| 1984 |
78,427,233 |
$59,812,655 |
$63,844,758 |
| 1985 |
78,418,931 |
$61,942,653 |
$67,361,945 |
| 1986 |
91,205,267 |
$63,094,004 |
$68,424,788 |
| 1987 |
95,164,679 |
$65,396,704 |
$71,040,811 |
| 1988 |
105,380,574 |
$68,102,378 |
$76,893,071 |
| 1989 |
115,928,163 |
$71,383,727 |
$82,591,602 |
| 1990 |
111,866,443 |
$75,240,751 |
$88,838,783 |
| 1991 |
118,194,362 |
$78,349,397 |
$94,044,326 |
| 1992 |
121,126,907 |
$80,767,233 |
$99,639,489 |
| 1993 |
131,264,076 |
$83,127,501 |
$102,480,803 |
| 1994 |
136,972,462 |
$85,315,067 |
$111,404,969 |
| 1995 |
147,161,691 |
$87,732,903 |
$116,843,753 |
| 1996 |
151,769,244 |
$90,323,441 |
$126,618,723 |
| 1997 |
0 |
$92,395,872 |
$130,602,394 |
| 1998 |
0 |
$93,835,060 |
$136,099,489 |
| 1999 |
0 |
$95,907,491 |
$141,784,769 |
| 2000 |
0 |
$99,131,272 |
$147,496,553 |
| 2001 |
0 |
$101,894,513 |
$150,989,885 |
| 2002 |
0 |
$103,621,539 |
$150,989,885 |
| 2003 |
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*NOTE:
Total growth in inflation and gross state product are offered here for
comparison purposes with growth in the categories of state use of tax
dollars. The growth rate in inflation over this period was 123% and the
growth rate in the economy, as measured by Nebraska personal income, was
268%.
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