State business-, income- and sales-tax collections increased 4.1 percent overall across the country for the first quarter of 2012 compared to the same time period in 2011, according to an analysis of preliminary data by the Rockefeller Institute of Government at the State University of New York at Albany. Forty-one states were in the plus column, and six, including New York, bucked the trend. Three states did not provide data.
New York experienced a 1.8 percent drop from January-March 2011 and the same period this year, the Rockefeller Institute found. Personal income-tax declined 2.8 percent, and sales tax dropped 0.3 percent. Corporate taxes were up 10.3 percent.
Other states that lost ground during the time period were Wisconsin (0.4 percent); West Virginia (2.9 percent); Montana (4.2 percent); California (3.6 percent); and Oregon (1.7 percent). The expiration of temporary tax hikes is the main reason for the drop in California, which had a loss of $900,000
Seven states reported double-digit growth in tax collections when the first quarters of 2011 and 2012 are compared, including Connecticut, Maryland, Illinois, Nebraska, North Dakota, Texas and Hawaii. States with the largest increases in total tax collections were North Dakota, where growth was 29.7 percent, and Illinois, where it was 24.1 percent.
The Rockefeller Center said preliminary tax-collection data for the first quarter of 2012 shows there is additional growth in overall state-tax collections, and in income- and sales-tax revenues, for the ninth quarter in a row. There were declines in the previous five quarters, which were caused by the recession. But growth has weakened in the last three quarters, the center found.