LANSING – Tax revenues improved for most states during the second calendar quarter of 2010, a national report said, but not in Michigan.
Nationwide, states saw tax collections improve by 2.2 percent from the same quarter in 2009, April to June. But the range of growth was extremely volatile with the Northeast states seeing tax revenue growth of 8.3 percent during the quarter while the Rocky Mountain states saw revenues drop by 4.4 percent, according to the Nelson Rockefeller Institute on State Government in New York.
The Great Lakes region, that includes Michigan, saw overall tax revenues for the period increase 0.1, with as much of a wide range on revenue growth. Illinois saw its revenues fall by 7 percent while Wisconsin saw its revenues jump by 8.7 percent.
Michigan saw its revenues fall by 3.8 percent during the period, the report said.
The report looked at three main revenue sources: personal income taxes, corporate income taxes and sales taxes.
According to the report, Michigan’s personal income tax collections for the quarter fell by 4.3 percent from the year before. Its corporate tax collections fell by 22.6 percent during the quarter. But its sales tax collections increased by 5.8 percent.
Even with the overall improvement in collections, though, the report said collections were still below average collections before the recession hit in late 2007.
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