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Quarterly Summary of State & Local Government Tax Revenue - Quarter 2
Quarterly Summary of State & Local Government Tax Revenue - Quarter 2
GOVS/10-6
2010 Quarter 2
Second quarter 2010 (2010:2) tax revenues for state and local governments, as compared with second quarter 2009 (2009:2), were up 1.65 percent, marking the third consecutive quarter of positive growth. Tax revenue for the quarter totaled $318.2 billion compared with $313.0 billion reported for second quarter 2009.
Of the largest tax categories property tax and general sales tax showed positive growth; while corporate income tax declined for the second consecutive quarter. Severance taxes – taxes on the removal of natural resources – and Documentary and stock transfer taxes – taxes on the registration of mortgages and securities – increased for the second consecutive quarter
Page Last Revised - October 8, 2021
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