The state received disappointing tax collections for a fifth consecutive month in November. An earlier rate cut has likely played a major role in the revenue slide.
The latest revenue news comes about a month before lawmakers will reconvene for a 2020 session in which they will consider both Kemp’s cuts and whether to further reduce the state income tax rate.
“You are going to have a lot of people say that’s off the table now,” said GBPI Policy Analyst Danny Kanso.
