Total state tax revenue (a combination of state income tax, corporate state income tax and sales tax) increased in 22 states and declined in 28 states over the period of April to December 2020 as compared to the same 9 months from 2019. According to the Urban Institute’s State and Local Finance Initiative, Idaho had the greatest increase, up 10.5% and Alaska had the largest drop off of 43%.
State Tax Revenue
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June 18, 2021