Saturday, September 27, 2014

State FY14 Tax Update

On September 27, 2014 usgovernmentspending.com updated FY2014 state revenue with quarterly tax data from the US Census Bureau.  Local tax data was updated by assuming that local taxes for 2014 changed by the same percent as state taxes of the same type.

The following table shows "guesstimated" US state and local total revenue before and after the change.

Revenue
$ billion
FY 2012 FY 2013 FY 2014 FY 2015
Before2,6682,7162,809-
After2,4152,5892,6752,714

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