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Overall government tax collections for states increased $62B to $764B in FY 2011, the U.S....

  • Thursday, April 12, 2012, 2:27 PM ET
    Overall government tax collections for states increased $62B to $764B in FY 2011, the U.S. Census Bureau reports; corporate net income tax revenue was $40B, up 9.4%, while tax revenue on individual income was $259B, up 9.8%. All 50 states saw gains in total tax revenue, led by North Dakota (up 44.5%), Alaska (22.4%), California (17.4%) and Illinois (15.3%).
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