State Tax Revenue Decline Accelerates
Nicholas W. Jenny
Abstract
Nicholas W. Jenny
Abstract
The author reviews the decline in state revenue in the April-June quarter of 2002; state revenue dropped by 10.4 percent during that quarter. Personal income tax revenue, which was down by 22.3 percent, accounted for most of the decline.
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The author reviews the decline in state revenue in the April-June quarter of 2002; state revenue dropped by 10.4 percent during that quarter. Personal income tax revenue, which was down by 22.3 percent, accounted for most of the decline.
Key concepts: Revenue, Tax revenue, Quarter (Canadian coin), State (computer science), Business, Economics, Monetary economics, Finance