We assess the Covid-19 pandemic's implications for state government sales and income tax revenues. We estimate that the economic declines implied by recent forecasts from the Congressional Budget Office will lead to a shortfall of roughly $106 billion in states' sales and income tax revenues for...

We assess the Covid-19 pandemic's implications for state government sales and income tax revenues. We estimate that the economic declines implied by recent forecasts from the Congressional Budget Office will lead to a shortfall of roughly $106 billion in states' sales and income tax revenues for...

In the aftermath of the Great Recession of 2007-2009, the popular press has noted a rebound in casino revenues in some states, and some expect casino revenues to grow and increase again along with any economic recovery. However, before the recent recession, there were trends indicating...