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Posted: 8:30 AM Jul 3, 2009
Ala. tax collections down 6 percent for 3 quarters
The Alabama Department of Revenue reports that state tax collections declined 6 percent during the first nine months of Alabama's fiscal year.
Reporter: MONTGOMERY, Ala. (AP) |
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The Alabama Department of Revenue reports that state tax collections declined 6 percent during the first nine months of Alabama's fiscal year.
A report released Wednesday says the recession caused state sales tax collections to drop 9 percent. Personal income tax collections are down more than 8 percent, and corporate income tax collections have fallen more than 11 percent.
One bright spot in the report is the state's tax on cellular phones. It's up nearly 7 percent due to increased usage.
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