Personal Income Tax Revenue Declined Sharply in the First Quarter
Publication Date: May 2009
Publisher(s): Nelson A. Rockefeller Institute of Government
Series: State Revenue Flash Report
Keywords: State Revenue; Personal Income Tax
Coverage: United States
State tax collections plummeted in the first quarter of 2009, with almost every state showing a decline from a year earlier, according to the Institute's latest state revenue "flash" report, released May 13. The bulk of the decline came from a 15.8 percent drop in personal income tax revenue.