Alabama Tax Collections Up
In another sure sign that Alabama's economy is on a roll, state revenues were up over 10% for the October through May time period - without any major tax increases. Amazing how that works, huh?
Specifically, revenues from income taxes were up 14.0%, sales taxes 5.2%, diesel fuel taxes 15.1%. Money devoted to education programs was up 7.1%, and General Fund revenues were up 21%.
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