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


Publication Date: June 2010

Publisher: The Nelson A. Rockefeller Institute of Government

Author(s): Lucy Dadayan

Research Area: Banking and finance; 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.