State Tax Revenues Surge September 23, 2005 Curtis S. Dubay Curtis S. Dubay In yet another sign that the economy is roaring ahead despite deficits, hurricanes, high gas prices and overall pessimism, state tax revenues increased 8.1 percent in real inflation-adjusted terms in the second quarter, compared to 5.6 percent during the same time frame last year, according to the Rockefeller Institute. During the second quarter: -Personal income tax revenue grew 18.4 percent -Corporate income tax revenue 22.8 percent -Sales tax revenue grew 7.9 percent See the full Rockefeller Institute report here. Stay informed on the tax policies impacting you. Subscribe to get insights from our trusted experts delivered straight to your inbox. Subscribe Share Tweet Share Email Topics Tags State Tax and Spending Policy
