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State tax revenues are higher than ever, but good times may not last

MAY 6, 2019 | by Liz Farmer | GOVERNING

Federal tax reform and the economy are boosting state coffers -- for now. … A record 41 states collected more revenue last year than they did before the 2008 recession, even when inflation is taken into account. And in many cases, the recovery is significant. … Despite last year's numbers, preliminary figures of tax collections in more recent months cast a cloud over this sunny picture.

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