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State Tax Revenues Gained New Strength in Fourth Quarter: Every Quarter of 2010 Showed Growth, But Recession's Harsh Impact Will Linger
Publication Date: February 2011
Publisher(s): The Nelson A. Rockefeller Institute of Government
Author(s): Lucy Dadayan; Donald J. Boyd
Series: State Revenue Report No. 82
Topic: Government (State or regional government)
Keywords: State Tax Revenues; Recession; State Tax Collections; Personal income tax
Type: Report
Coverage: United States
Abstract:
After the deepest recession since the Great Depression, most states are now on the gradual road to tax revenue recovery, according to this Rockefeller Institute report. Final third-quarter and early fourth-quarter data signal an upward trend. Yet several indicators suggest broad state fiscal conditions remain fragile.