Tuesday, November 02, 2010

October State Tax Revenues Coming In Strong

State tax revenues for October are starting to get reported, and like September, are showing improvements in economic conditions around the country, here are some examples:

1. "State revenues in Massachusetts for the month of October were up $117 million, or 9.5 percent, from the same period a year ago, a sign of an improving economy, the state Revenue Department said today."

2. "The state of West Virginia has collected nearly $96 million more than it thought it would through the first four months of the fiscal year. State Deputy Revenue Secretary Mark Muchow says several key areas showed growth in October. There was growth in income taxes, growth in sales taxes, growth in severance tax."


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