Cannabis Tax Revenue Update November 30, 2020

Preliminary summer data and revised spring data show very strong growth in cannabis tax revenue.


Income Tax Withholding Tracker: November 16 - November 20 November 20, 2020

Income tax withholding this week kept pace with the same week in 2019, and collections since late March are 3.5 percent above 2019.


Income Tax Withholding Tracker: November 9 - November 13 November 13, 2020

Income tax withholding again ran ahead of last year's pace, and is up 3.6 percent from last year since late March.


October 2020 State Tax Collections November 13, 2020

October revenue collections from the state’s three largest taxes were ahead of budget projections by $2.8 billion (40 percent).  


Income Tax Withholding Tracker: November 2 - November 6 November 6, 2020

Withholding this week was up 6 percent from the same week last year, pushing the cumulative gain since late March to 3.5 percent.


Income Tax Withholding Tracker: October 26 - October 30 November 2, 2020

Income tax withholding kept pace with the same week in 2019, and collections since March are up 3.4 percent from 2019.


Income Tax Withholding Tracker: October 19 - October 23 October 23, 2020

We examine whether economic effects of COVID-19 can be observed in weekly withholding data.


September 2020 State Tax Collections October 19, 2020

September collections from the state’s three largest taxes were ahead of budget projections by $4 billion (42 percent). 


Income Tax Withholding Tracker: October 12 - October 16 October 16, 2020

We examine whether economic effects of COVID-19 can be observed in weekly withholding data.


Income Tax Withholding Tracker: October 5 - October 9 October 9, 2020

We examine whether economic effects of COVID-19 can be observed in weekly withholding data.


Income Tax Withholding Tracker: September 28 - October 2 October 2, 2020

We examine whether economic effects of COVID-19 can be observed in weekly withholding data.


Income Tax Withholding Tracker: September 21 - September 25 September 25, 2020

We examine whether economic effects of COVID-19 can be observed in weekly withholding data.


Income Tax Withholding Tracker: September 14 - September 18 September 18, 2020

We examine whether economic effects of COVID-19 can be observed in weekly withholding data.


August 2020 State Tax Collections September 17, 2020

August revenue collections from the state’s three largest taxes were ahead of budget projections by $1.7 billion (24 percent). 


Income Tax Withholding Tracker: September 7 - September 11 September 11, 2020

We examine whether economic effects of COVID-19 can be observed in weekly withholding data.