Positive Economic News As Texas Sales Taxes Rise Again
Texas – Sales tax collections are up in Texas in what state officials see as another sign of a strengthening economy.
Texas Comptroller Susan Combs on Tuesday reported sales tax collections in November topped $1.8 billion, up 8.7 percent over November 2009.
Combs says that pushes the string of consecutive year-over-year sales tax gains to eight months. Last month's sales tax figure marks the highest collections total since January 2009.
Combs also says the state's combined natural gas and oil production tax collections, in the first three months of fiscal 2011, were 108 percent higher than the same period in fiscal 2010.
Copyright 2010 The Associated Press.