New York Tax Revenues Plunge by $3.7 billion

Sparta Report | 4/22/2019 | Doomberg
joseph76 (Posted by) Level 3
Click For Photo: https://www.spartareport.com/wp-content/uploads/2016/09/Money-Pile.jpg

Why is this happening? Must just be “bad luck”:

New York state tax revenues fell by $3.7 billion, or 4.7 percent, last year — the largest collapse since the 9/11 attacks — but officials downplayed the significance.

Side - State - Comptroller - Thomas - DiNapoli

Trying to find a bright side, state Comptroller Thomas DiNapoli said things could have been worse since a surge in collections last month staved off an even steeper drop.

The...
(Excerpt) Read more at: Sparta Report
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