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Mass. Tax Revenues Up 9 Percent In September

This article is more than 11 years old.

Massachusetts is reporting another strong month for tax revenues.

The state Department of Revenue said Tuesday that preliminary revenue collections in September were up $178 million, or nearly 9 percent, from the same month a year ago.

Income tax collections rose nearly 14 percent last month compared to September 2010, while business and corporate tax collections were more than 5 percent higher. Sales tax collections, however, rose only 1.6 percent.

A spokesman for the department says the continued revenue growth means it's possible that Massachusetts taxpayers will receive an automatic slight reduction in the state income tax in January, but a final determination isn't expected until December.

This program aired on October 4, 2011. The audio for this program is not available.


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