Pulled down by a 67 percent drop in corporation and franchise taxes and an 8 percent dip in individual income tax cash receipts, state revenues for the fiscal year to date (July-September) have fallen 8 percent, or $140 million.
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Corporation/franchise taxes plummet 67 percent
Pulled down by a 67 percent drop in corporation and franchise taxes and an 8 percent dip in individual income tax cash receipts, state revenues for the fiscal year to date (July-September) have fallen 8 percent, or $140 million.
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