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Thursday, April 16, 2009

State Tax Collections Decline.... Sales Taxes with a Record Drop

Bond Buyer with the details:

State tax collections for the fourth quarter of 2008 declined for the first time in more than six years, and sales taxes were dealt a record-setting blow during that period, according to a report issued yesterday by the Nelson A. Rockefeller Institute of Government.

Source: Rockefeller Institute via The Bond Tangent