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News Link • TAXES: State

Size of income tax drop surprises U.S. states

• Reuters
.. .Most U.S. states were surprised by the size of the drop in their personal income tax collections this April, even though they had expected a decline, according to a report released by the Rockefeller Institute of Government on Thursday.

Personal income tax revenues in April were 15.8 percent, or $7.9 billion, below the same month in 2013, ...

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