Tag: Josh Goodman & Mark Robyn

When Will the Impact of Coronavirus Hit State Budgets?

State officials nationwide fear that a substantial decline in tax collections as a result of the coronavirus pandemic will throw their budgets into turmoil. But they will have to wait for the first hard data on how big the decline might be. When the economy struggles, state tax revenue usually suffers too. States’ two largest sources of tax revenue are the personal income tax… Read more »