"TAX COLLECTIONS exceeded the Baker administration’s expectations by $372 million in February and surpassed the total of collections in February 2020, a development that positions the state to end this budget year having collected more tax revenue than it did last year.
The Department of Revenue said it collected $1.874 billion in taxes last month, $359 million, or 23.7 percent, more than what was collected in February 2020 and $372 million or 24.8 percent more than what the department had been expecting."
Continue reading the article online
Given this is one of the key factors that Senate President Karen Spilka referenced during the Legislative Forum on Tuesday, this is good news.
No comments:
Post a Comment