The Center for Automotive Research wanted a better understanding of the total financial contribution of the United States’ largest manufacturing industry to state and federal tax revenues and, to achieve a greater understanding, they employed a dynamic, inter-industry model developed by REMI. In 2010, the estimates found that the automotive sector generates at least $91.5 billion in state government tax revenue and at least $43 billion in federal government tax revenue, with additional tax revenues withheld from the study that could increase those figures. The study also mentioned that as the economy continues in its recovery, auto sales improve, and companies are able to create and retain jobs at greater rates, tax revenues generated by the automotive sector could increase to even greater levels.
