Bloomberg Tax
July 14, 2020, 12:26 PM

States Suffer $6 Billion Drop in Sales Tax in Past Year

John Herzfeld
John Herzfeld
Staff Correspondent

State sales tax receipts across the U.S. shrank by nearly $6 billion, or 21%, from a year earlier in the latest monthly data, according to an analysis released Tuesday.

“State stay-at-home orders, decisions to close businesses, states’ sales tax filing and payment deadline extensions, and COVID-19 cases all contributed to the freefall of sales tax revenues,” the Urban-Brookings Tax Policy Center said in a blog post.

Every reporting U.S. state with a broad-based sales tax posted a revenue loss in a comparison of May 2019 and May 2020 figures, though the extent of the damage varies from state to ...

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