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Publication Date: October 2010
Publisher: The Nelson A. Rockefeller Institute of Government
Author(s): Lucy Dadayan; Donald J. Boyd
Research Area: Banking and finance; Government
Keywords: Tax Revenue; Sales Tax; Local Taxes
Type: Report
Coverage: United States
Abstract:
Most states reported tax revenue gains for the second quarter of 2010, compared to the year-ago period. Revenue growth totaled 2.3 percent, the second consecutive quarter of overall gains driven by legislated tax increases. Early data for later months suggest a fiscal recovery for states is underway — though it's not likely to come quickly.