New York Tax Revenues Plunge by $3.7 billion
4/22/2019 5:02 PM EST
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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.
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