Tax Increases Shore Up State Revenue
Nicholas W. Jenny
Abstract
Nicholas W. Jenny
Abstract
The author writes that state tax revenue grew by 3.1 percent in the April-June quarter of 2003 over tax revenue in the same quarter of 2002. The April-June quarter of 2003 was the strongest quarter of growth since January-March 2001; however, almost all of the growth in the quarter resulted from net enacted tax increases.
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The author writes that state tax revenue grew by 3.1 percent in the April-June quarter of 2003 over tax revenue in the same quarter of 2002. The April-June quarter of 2003 was the strongest quarter of growth since January-March 2001; however, almost all of the growth in the quarter resulted from net enacted tax increases.
Key concepts: Quarter (Canadian coin), Tax revenue, Revenue, State (computer science), Economics, Shore, Business, Geography