The Legislative Services Agency issued a report on state tax collections this morning. Click here to read the details. The condensed version? Through the first eight months of the state fiscal year (which began July 1, 2007), state tax and fee collections are running 11.1 percent ahead of the previous comparable period Some may suggest the increase in tobacco taxes which took effect nearly a year ago account for a lot of that, but according to Leiglsative Services Agency director Dennis Prouty, tobacco tax increases account for just two percent of that 11.1 percent. Read some of Prouty’s general comments here.
About O.Kay Henderson
Kay is a founding member of the Radio Iowa network newsroom. In 1994, she became the network’s news director. She’s a featured reporter and commentator on Iowa Public Television’s “Iowa Press,” and the 2002 recipient of the Shelley Award.
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