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Sales tax decline hits Cayuga Madison counties
Chief accountant Mark Lee notes a widening disparity in state revenues as sales tax drops. Durable goods like appliances and cars drive most revenue while weak incomes curb big-ticket purchases across states relying on sales tax including New York, Tennessee, and Wisconsin, with budget fights and slow Wall Street recovery cited.
MENTIONED IN THIS ARTICLE
Mark Lee
Saung
Coton
Ley Mazer
National Association of State Budget Officers
Tennessee
Douglas Hoitz-Eakin
Syracuse University
Maxwell School
George Pataki
New York
Holtz-Eakin
Wall Street
Pataki
Assembly
Wisconsin
Connie Hardin
State Legislawre Int
Office of Budget Analysis
Hard
Perez