By Brian Sigritz, includes “… April tax collections fell sharply with many states experiencing year-over-year declines of at least 50 percent, as highlighted in the below state-by-state press articles. In many ways, it is expected that the worst is yet to come for tax revenues as states begin to feel the full economic effects of the COVID-19 pandemic. In the coming months, nearly all sources of state tax revenue will be impacted … Below is a compilation of recent press articles detailing states’ April revenue collections …”
Read the full article on: National Association of State Budget Officers