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Publication Date: November 2009
Publisher: The Nelson A. Rockefeller Institute of Government
Author(s): Donald J. Boyd; Lucy Dadayan
Research Area: Government
Keywords: Tax Revenues; State Revenues
Type: Report
Coverage: United States
Abstract:
States suffered from falling tax revenues again in the third quarter, compared to the previous year, according to preliminary data in this report. Tax collections fell 10.7 percent overall. It was the fourth consecutive drop for two major revenue sources -- personal income and sales tax. Further declines are also expected in the fourth quarter.