The Texas sales tax revenue hit $3.92 billion, 6.8% higher than in June last year. Texas Sales Tax Revenue Hits $3.92 Billion This June Following Higher Major Taxes Collected Than Last Year The Texas sales tax revenue hit $3.92 billion this June, which was reportedly 6.8% higher than the Texas sales tax revenue in June…
This substantial figure indicates a significant economic boost for the state during that month. May saw a notable increase in tax revenue generated from state sales, with a staggering $3.8 billion reported The rise in tax revenue reflects a surge in consumer spending, demonstrating a growing confidence in the economy. Experts attribute this positive trend…
A new tax plan will result in estimated revenue losses of up to $120 billion in the United States. United States to Expect to Lose Billions of Tax Revenue Following New Tax Plan Under the new tax plan, the United States expects to lose tax revenue of up to $120 billion despite its aim to…
State officials attribute this decline to changes in tax collection policies, particularly in individual income taxes, as well as a drop in revenue from motor vehicle tag fees and title fees. Georgia experienced a decrease in net tax revenue of $205.7 million in May compared to the previous year, resulting in a 7.6% loss Despite…
The expected $1 billion in revenue from the new surtax will be allocated to education and transportation expenses in Massachusetts. Expected $1 Billion in Revenue Will Be Allocated for Education and Transportation Expenses The new surtax on the current tax collection is expected to generate $1 billion in revenue, which is said to be allocated…