State Tax Revenues on the Rise, Most Counties See Decline

As reported by the Baltimore Business Journal, State tax revenues were up 7% for the month of April and 5% for the fiscal year to date. Growth in individual income tax collection led the way. The state has received $5.1 billion in income tax receipts so far this fiscal year, compared with $4.9 billion at this point in fiscal 2010. Sales tax receipts have also grown slightly, to $2.7 billion so far this fiscal year…

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