Bird and flump... - Printable Version

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+--- Thread: Bird and flump... (/showthread.php?tid=49077)

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Bird and flump... - Anhil8tor - 06-04-2010

splain this to my dumbass...

The Revenue Picture, State by State
By CATHERINE RAMPELL

State revenues rose in the first quarter of this year, largely because two states raised a lot of money through tax hikes, according to the Rockefeller Institute of Government.

Here is a map of state tax revenue changes, taken from the institute’s latest report:

State tax revenue increased nominally by 2.4 percent in the first quarter of this year, compared with the same period last year. The overall number was skewed, though, by legislated tax increases in New York and California. New York’s revenues rose by 15.8 percent, and California’s 19.1 percent, year over year.

Things look quite different when you exclude New York and California. Tax revenues declined in 34 of the 49 states for which data are available, the institute said.

The largest revenue declines were in Louisiana, whose revenue fell 32.8 percent year over year, and Montana, with a drop of 25 percent.

The first quarter of 2010 represented the first time since the third quarter of 2008 that states reported overall growth in tax revenues. Still, revenues remain significantly below prerecession levels.

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Bird and flump... - Flumper Barflusterbutt - 06-04-2010

explain what part of it?

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Bird and flump... - Anhil8tor - 06-04-2010

What is the relevance of this being posted at the New York Times?

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Bird and flump... - BIRD33 - 06-04-2010

Its infromative?


I fear 8 is losing it.

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Bird and flump... - Anhil8tor - 06-04-2010

I guess I am losing it. Tax revenues fell in 34 of 49 states (excluding the over taxing on cali and ny)... Does that mean people are making less money?

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Bird and flump... - BIRD33 - 06-04-2010

Less people with jobs?

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Bird and flump... - Flumper Barflusterbutt - 06-04-2010

Wow, 8.

Did you know the country was in a recession? And has been for a couple of years now? You might also be interested to know that the housing market is down as well.

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Bird and flump... - BIRD33 - 06-04-2010

I heard rumblings that the stock market might not be doing well.Trying to confirm that right now.

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