Tax Policy Center

Revenue Forecasts

State and Local Issues: TaxVox

State Revenue Forecasts Look Bleak as Revenue Boom Subsides

States saw robust tax revenue growth in fiscal years 2021 and 2022, largely caused by federal and state policy actions. But forecasts now look much...
March 14, 2023Lucy Dadayan
State and Local Issues: TaxVox

COVID-19 Pandemic Could Slash 2020-21 State Revenues By $200 Billion

Revised forecast data from 27 states suggest tax revenues are expected to fall $34 billion short of pre-COVID-19 forecasts in fiscal year 2020.
July 1, 2020Lucy Dadayan