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Quarterly Summary of State & Local Government Tax Revenue - Quarter 1
Quarterly Summary of State & Local Government Tax Revenue - Quarter 1
GOVS/10-5
2010 Quarter 1
First quarter 2010 (2010:1) tax revenues for state and local governments, as compared with first quarter 2009 (2009:1), were up 0.82 percent, marking the second consecutive quarter of positive growth. Tax revenue for the quarter totaled $299.1 billion compared with $296.7 billion reported for 2009:1.
Of the largest tax categories, general sales tax and individual income tax increased; while corporate income tax declined in the first quarter. Documentary and stock transfer taxes—taxes on the registration of mortgages and securities—increased for the first time in 15 consecutive quarters.
Page Last Revised - October 8, 2021
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