-0.8%

June 13th, 2014
By

State tax collections were down 0.8 percent through 11 months of the fiscal year, the state Department of Taxation reported on Friday.

The collections are below the negative 0.4 percent growth that the state Council on Revenues projected for the fiscal year. The fiscal year ends in June.

General excise tax collections, the largest single category, were off 1.4 percent from last year through May, according to the department. Hotel-room tax collections were up by 8.1 percent, however. Individual income tax collections were up 0.8 percent.

One Response to “-0.8%”

  1. Especially Incognito:

    Global Taxing is going up .04.
    Getting hotter and IRS is hunting
    for conservatives who don't pay their
    fair share of taxes.


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