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Government tax revenues in some parts of the US are rebounding

SEPTEMBER 22, 2020 | CRAIN’S CLEVELAND BUSINESS

Bloomberg article, includes “Government tax revenues in some parts of the U.S. are rebounding as the economy emerges from the coronavirus lockdown, a positive sign for governors and mayors who had been bracing for the biggest fiscal crisis in decades. … The figures are an early sign that the worst economic collapse since World War II may not decimate governments' revenues as badly as some feared … ‘we know from past recessions, states and locals experience a lagged effect on their tax revenues. So it's not to say they're in the clear as budget challenges will certainly persist.’ …”

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