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Overall State Tax Revenue Is Up, But Losers Still Outnumber Gainers

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Publication Date: June 2010

Publisher(s): The Nelson A. Rockefeller Institute of Government

Author(s): Lucy Dadayan

Series:

Special Collection:

Topic: Banking and finance (Taxation and tax policy)
Government (State or regional government)

Keywords: State Tax Revenue; State revenue; Tax Collections; State Budget Deficits

Type: Report

Abstract:

States’ overall tax revenues rose in the first quarter of calendar 2010 on a year-over-year basis, marking the first such gain since the third quarter of 2008, according to preliminary data in this Institute report. Despite the overall growth in revenues, a majority of states still saw declines. Further, early indications of revenues in the April-June quarter are not promising.