Wednesday, June 23, 2004
The Nelson A. Rockefeller Institute of Government has issued a 16-page report, State Tax Revenue Recovery Gathering Steam, detailing a 8.1% surge in state tax revenues in the January – March 2004 quarter. The biggest increases were registered by
• Alaska 43.9%
• Nevada 38.4%
• Delaware 21.0%
• Oklahoma 20.6%
• Maryland 20.3%
Three states recorded decreases in tax revenues:
• Michigan (8.0%)
• Kansas (1.4%)
• Louisiana (0.4%)
State corporate income taxes had the biggest increase, rising 15.2% in the quarter.
