Thursday, March 12, 2009

New Rockefeller Institute Report on State Revenues

Last year ended badly for states, and the first part of 2009 looks to be even worse, according to the Rockefeller Institute’s latest 'flash' report on state revenues. Three-quarters of states reporting saw tax collections drop at the end of 2008, compared to the same quarter of 2007. Overall, states' revenues fell 3.6 percent in the quarter.

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