Ad: BlueJ Better Tax Answers. -Accomplish hours of research in seconds -Instantly draft high-quality communications -Verify answers using a library of trusted tax content. Learn more

State Income Tax Revenues Plummet 28%

The Nelson A. Rockefeller Institute of Government reports that state individual income tax revenues fell 26.0% in January – April 2009, compared with the same period in 2008.  The 10 states with the biggest declines are:

  1. Arizona: -54.9%
  2. South Carolina:  -38.6%
  3. Michigan:  -34.4%
  4. California:  -33.8%
  5. Vermont:  -33.1%
  6. New York:  -31.8%
  7. Rhode Island:  -30.4%
  8. New Jersey:  -30.1%
  9. Massachusetts:  -28.5%
  10. Idaho:  -28.3%

Only three states reported an increase in income tax revenues:

  1. North Dakota:  +15.5%
  2. Alabama:  +11.1%
  3. Utah:  +4.4%

Press and blogosphere coverage:


About the Author

Ad: BlueJ Better Tax Answers. Blue J's generative AI tax research solution is transforming how tax experts work. Learn more.
Information and rates on advertising on TaxProf Blog

Discover more from TaxProf Blog

Subscribe now to keep reading and get access to the full archive.

Continue reading