The Nelson A. Rockefeller Institute of Government reports that state tax revenues increased for the third consecutive quarter, up 4.5% for the third quarter of 2010:
- Corporate income tax: +1.6%
- Personal income tax: +4.3%
- Sales tax: +4.3%
The largest increase was in the Northeast (+10.8%); the smallest increase was in the Far West (+2.2%). State tax revenues rose in 43 states, with ten states reporting double-digit tax growth. Here are the states with the ten biggest increases in tax revenues, as well as the states with the smallest increases and decreases in tax revenues:
1
New Hampshire
+29.9%
2
North Dakota
+29.8%
3
New Mexico
+19.9%
4
Utah
+14.9%
5
Minnesota
+13.2%
6
Alabama
+11.9%
7
Connecticut
+11.9%
8
Wisconsin
+11.4%
9
Oregon
+11.1%
10
Massachusetts
+10.2%
United States
+4.5%
41
Michigan
+1.4%
42
South Dakota
+1.1%
43
Florida
+0.2%
44
New Jersey
-0.4%
45
Wyoming
-1.5%
46
Virginia
-3.0%
47
Louisiana
-5.4%
48
Nevada
-6.6%
49
Hawaii
-12.0%
50
Alaska
-37.8%
