Pennsylvania collected $2.3 billion in state taxes in December which was $141.5 million less than anticipated for the month. Year-to-date revenue collections are now $11.6 billion which is $487 million less than expected.
Yes, it’s the economy stupid.
Keep an eye on the imaginative ways our legislatures start coming up with to save pensions, salaries and benefits of themselves and their true constituents namely government workers.
Hat tip Tom C