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1 Kail Padgitt, State Revenue Changes from 2008 to 2009 1 (2010)

handle is hein.taxfoundation/ffccfxz0001 and id is 1 raw text is: FISCAL

FACT

May 12, 2010
No. 225

State Revenue Changes from 2008 to 2009
By Kail Padgitt
As the economic recession continued through fiscal year 2009, state tax revenues fell significantly,
with only five states collecting more in 2009 than they had in 2008. Among the 45 states that
collected less in 2009, many saw declines of more than 10 percent--all this despite the many tax
hikes that states enacted. In addition to presenting new Census data for 2009 and comparing it to
2008, we take a look back at the last decade, examining tax revenue by type to identify the sources
of tax volatility.
Table 1
Percent Change in State-Level Tax Revenue from 2008 to 2009
Total Tax                                  Total Tax
State        Revenue    Ranking            State        Revenue    Ranking
United States       -8.9          -       Montana             -2.1          12
Alabama             -8.8        29        Nebraska             -5.5         19
Alaska             -51.9        50        Nevada               -9.4         34
Arizona            -19.7        49        New Hampshire        -5.7         20
Arkansas            -0.8         7        New Jersey          -11.9         41
California         -15.0        46        New Mexico          -15.1         47
Colorado           -10.3        36        New York             -0.5          6
Connecticut        -12.1        43        North Carolina      -10.6         37
Delaware            -4.4        17        North Dakota         +4.3          2
Florida            - 11.5       38        Ohio                 -8.7         28
Georgia            -11.7        39        Oklahoma             -2.1         11
Hawaii              -8.8        30        Oregon               +1.9          3
Idaho              -14.1        45        Pennsylvania         -6.6         24
Illinois            -8.6        27        Rhode Island         -6.6         23
Indiana             -1.4         8        South Carolina      -16.8         48
Iowa                + 1.3        4        South Dakota         + 0.9         5
Kansas              -6.7        25        Tennessee           -10.0         35
Kentucky            -3.0        13        Texas                -9.1         32

Kail Padgitt, Ph.D., is an economist at the Tax Foundation.

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