It’s not the only state with a problem.
More than half of U.S. states took in as much or more in tax revenue between March 2020 and February 2021 than they did the year before.
It’s another cost for states whose tax revenues are down due to the pandemic economic slowdown.
Which state should get income taxes when out-of-state workers no longer go to the office?
The pandemic has squeezed state and local governments. Without more money, experts say we’ll all feel the consequences.
In Texas, leaders have already asked some departments to trim their budgets.
Ruling enabling states to collect sales taxes on online purchases turned out to be key.
Many states don’t have the luxury of borrowing to get through the crisis. Without more federal aid, they have few options
Tax revenue is down, expenditures are up and the future’s uncertain.
Many states have already used their regular emergency funds battling the virus, and frontline workers may be exhausted.
