Massachusetts October 2023 Tax Revenue Doesn’t Meet Expectations

Massachusetts Department of Revenue commissioner Geoffrey Snyder has announced that state government revenue collections for October 2023 totaled $2.558 billion, which is $196 million (or 8.3 percent) more than actual collections in October 2022. However, the October 2023 figure is $186 million (or 6.8 percent) below the the state's benchmark.

Massachusetts Department of Revenue commissioner Geoffrey Snyder has announced that state government revenue collections for October 2023 totaled $2.558 billion, which is $196 million (or 8.3 percent) more than actual collections in October 2022. However, the October 2023 figure is $186 million (or 6.8 percent) below the the state's benchmark.…