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Total collections from the state’s “big three” taxes (personal income tax, corporation tax, and sales tax) were down two-thirds from April 2019. While some of this decline is due to the effect of the pandemic on the economy, it is largely driven by key tax deadlines in April being postponed until July. The components of April tax collections tied directly to these deadlines (estimated and final payments for the income tax and corporation tax) were down 85 percent, even more than overall collections.


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