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So Goes Texas So Goes the World?

Maybe I'm not reading these numbers right, but the YTD change in Texas' state revenues by major tax type (second table) shows Franchise Tax down 68.5% ...

Maybe I'm not reading these numbers right, but the YTD change in Texas' state revenues by major tax type (second table) shows Franchise Tax down 68.5% compared to this time last year, while Oil Production Tax is up 58% on this time last year.

Will Wilson is a former GOVERNING correspondent.