U.S. state tax revenue has finally returned to its pre-recession peak and likely continued...

|By:, SA News Editor

U.S. state tax revenue has finally returned to its pre-recession peak and likely continued growing at the beginning of this year, according to a Rockefeller Institute report. Overall state tax revenue increased 3.6% Y/Y in Q4 2011, and was 3% higher than in Q4 of 2007 and 7.4% better than in Q4 of 2008.