A report by Pew Trusts shows that total state tax revenue was down $46.4 billion from its pre-pandemic level in the four quarters ending on June 30, 2020. State tax revenue from April through June 2020 collectively plunged an extraordinary 25% from the same quarter of 2019. Even with an influx of federal stimulus dollars, […]
Pew Trusts: Pandemic Drives Historic State Tax Revenue Drop
Feb25,2021
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