The graph shows that both amounts have typically steadily increased over the years, starting at approximately $8 billion for both amounts in 1987 to approximately $48 billion for allowable state tax revenues and approximately $43 billion for net state tax revenues in 2026. Net state tax revenue has only out paced the allowable state tax revenue twice, in 1987 and 2022.
Date published:
September 15, 2026
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