Economics at your fingertips  

Implications of the COVID-19 pandemic for state government tax revenues

Stan Veuger and Jeffrey Clemens
Additional contact information
Stan Veuger: American Enterprise Institute
Jeffrey Clemens: University of California at San Diego

AEI Economics Working Papers from American Enterprise Institute

Abstract: We assess the Covid-19 pandemic's implications for state government sales and income tax revenues. We estimate that the economic declines implied by recent forecasts from the Congressional Budget Office will lead to a shortfall of roughly $106 billion in states' sales and income tax revenues for the 2021 fiscal year.

Keywords: State and Local Government Finance; Fiscal Federalism; Tax Bases; Balanced Budget Requirements (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Date: 2020-06
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14) Track citations by RSS feed

Downloads: (external link) ... rnment-tax-revenues/
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in AEI Economics Working Papers from American Enterprise Institute Contact information at EDIRC.
Bibliographic data for series maintained by Dave Adams, CIO ().

Page updated 2021-10-23
Handle: RePEc:aei:rpaper:1008570714