The blog of the New York State Data Center Affiliates.
Wednesday, January 16, 2008
State Tax Revenue Faltering Again
As the national economy has slowed, state tax revenues showed further deterioration in the third quarter of 2007, a new State Revenue Report from the Rockefeller Institute of Government finds. After adjusting for inflation and legislated tax changes, revenues fell by 0.6 percent - the first such decrease in four years. To view the report and read the associated Wall Street Journal article, please visit www.rockinst.org.