February 5, 2008
One For You, Nineteen For Me
By Matthew L. Brown
The state Department of Revenue reported that tax collections for January came in at $2.2 billion, $148 million more than January 2007.
The 7.2 percent increase, and total tax collections $87 million more than the January monthly benchmark, were due to greater than anticipated income tax payments, which totaled $1.65 billion in January, the department said. So far in 2008, tax collections total $11.3 billion, an increase of $515 million or 4.8 percent over the same period a year ago.
The 7.2 percent increase, and total tax collections $87 million more than the January monthly benchmark, were due to greater than anticipated income tax payments, which totaled $1.65 billion in January, the department said. So far in 2008, tax collections total $11.3 billion, an increase of $515 million or 4.8 percent over the same period a year ago.
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