State sales tax revenue drops 3%

Texas Comptroller Glenn Hegar announced state sales tax revenue totaled $3.07 billion in January, 0.3 percent less than in January 2020. The majority of January sales tax revenue is based on sales made in December and remitted to the agency in January. “The slight decline in total sales tax revenue masks starkly contrasting results among economic sectors, with strong gains in collections from…

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