Georgia Tax Revenue down 9.1%
Press release from the issuing company
Tuesday, July 13th, 2010
The Peach State’s tax revenue fell 9.1 percent in fiscal 2010, which ended in June.
The Georgia Department of Revenue reported Monday the state took in $14.2 billion for fiscal 2010, compared with $15.6 billion in fiscal 2009.
For the year, sales tax revenue was a bid decliner, posting a 10.6 percent drop to $4.78 billion. Individual income tax revenue also fell 10 percent to $7.02 billion.
