An analysis of tax revenue by state found that the amount of cash flowing into Louisiana’s coffers was up 1.1% over the final three months of 2008. According to an analysis by the Nelson A. Rockefeller Institute of Government — a public policy group affiliated with the State University of New York system – says personal, corporate and sales taxes brought in nearly $2.5 billion into the Louisiana budget. That compares with $2.47 billion in the final three months of 2008. Louisiana had the 11th biggest rise in revenues. Nationally, fourth-quarter state tax revenues were down 4.7%, to $169 billion in the fourth quarter. In the southeastern region, which includes 12 states, a 5.4% drop in tax revenue was reported, to nearly $38 billion. To see the full report, click here.
La. tax revenue rises in fourth quarter
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