,State Tax Revenues Are Slowly Rebounding

State Tax Revenues Are Slowly Rebounding


 

Publication Date: August 2010

Publisher: The Nelson A Rockefeller Institute of Government

Author(s): Lucy Dadayan; Donald Boyd

Research Area: Banking and finance

Keywords: State Revenue; States Taxes; Personal Income Tax

Type: Report

Abstract:

Tax collections for states across the country rose by 2.2 percent in April-June, the second consecutive quarterly increase, according to preliminary data. Sales tax revenues were particularly strong, rising 5.9 percent compared to a year earlier. Yet revenues remain sharply below pre-recession levels.