Some of the state numbers are quite strange. The General State Sales tax down 12.2% in Texas? I thought their economic conditions weren’t too bad.
Another unusual number: the Corporate Net Income Tax down 114.9% in Iowa. How can something go down by more than 100%? Maybe if their prior period tax revenue was 10 million, then -114.9% would imply a current period revenue of negative 1.49 million (i.e., a refund)?
Lower sales tax receipts in Texas could be explained this way...
Conservative retail business owners ticked off by the “where’s my pie” voters decide to not declare the full total of their cash receipts.