Now the economy is growing again and state revenues are getting a little bit better.
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Even now, much of state revenues go to interest payments, as much as half in Indonesia.
In fiscal 2001 (which ended on June 30th), state revenues increased by 4.5% in nominal terms.
The proportion of state revenues raised from these over the past decade has doubled to 12%.
This means that as EGTRRA phased out the federal state death tax credit, it also decreased state revenues.
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State revenues and spending alike are being siphoned off by corrupt bureaucrats.
The Bank of Italy said this week that state revenues fell by more than 3% in the first five months of 2009.
In order to increase state revenues a takeover of the private sector will most likely accelerate, irreversibly damaging Venezuela's economy for decades to come.
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State revenues have increased because of a flat tax as well.
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But with state revenues down some three billion dollars, Michael Widmer of the nonpartisan Massachusetts Taxpayer's Foundation says even that compromise may not be possible.
But with state revenues now in a free fall, lawmakers say Massachusetts can no longer afford to extend coverage as generously as it has been.
The reality is that State revenues vary with the stock market.
When the national economy recovers at last, state revenues may not.
New York will take care of its state-wide infrastructure first and mete out the pain to smaller communities that depend on state revenues for subsistence.
Income taxes, mainly on the richest Californians, have during that time grown from 10% of total revenues to more than half, making state revenues highly volatile.
He says cities are getting hit on all sides, declining local and state revenues combined with frozen credit markets and the prospect of a deep national recession.
The price tag reached a quarter of the state budget by 2004, and the consulting firm McKinsey projected that the program would consume 91% of state revenues by 2008.
Oil accounts for some 80% of Nigeria's state revenues but after years of corruption and mismanagement, it has hardly any capacity to refine crude oil into fuel, which has to be imported.
Yet, in nine of the 11 states, after adoption of the state income tax, total state and local tax revenues in the state as a percent of total state and local revenues in the U.S. declined as well, in some cases sharply.
Yet, in 9 of the 11 states, after adoption of the state income tax, total state and local tax revenues in the state as a percent of total state and local revenues in the U.S. declined as well, in some cases sharply.
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As to what drives up state tax revenues on the Eastern Seaboard, the story varies by state.
Those efforts intensified when state tax revenues took hit from the recession and the slow economic recovery.
That's enormous over time and would lead to much higher state tax revenues.
The state raises revenues more efficiently than it spends them.
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When states fail to respond to the competitive advantages that fiscally responsible rivals such as Indiana have expanded, it can result in a downward spiral of state government revenues.
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To find out where individuals are likely to pay the most in taxes, we started with the most recent full year of data available on state tax revenues from the U.S. Census Bureau, September 2008 to September 2009.
Donald Boyd of the Rockefeller Institute of Government, the public-policy research arm of the State University of New York, found that in the recessions of the early 1980s and 1990s state tax revenues declined at about the same rate as the national economy.
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Upon independence last year, South Sudan took 75% of the formerly united country's oil reserves, and oil accounts for 98% of the new state's revenues.
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Whatever power structure emerges, Yemen's next leaders will face daunting tasks as they inherit a state where oil revenues have declined and the economy is in ruins, where poverty is endemic and a young and rapidly growing population faces a chronic shortage of water.
Gambling provides tremendous revenues to state and local governments while creating jobs in distressed areas.
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