Alaska experienced the highest volatility in tax revenue of any U.S. state over the 20-year period from FY 2000 to FY 2019, with yearly changes showing a standard deviation from the mean of 36.9 percent (once changes due to tax policy are removed). This is likely due to the role that fluctuations in energy prices have on tax revenue in this resource-rich state.
Ranking of states' tax revenue volatility in the United States between FY 2000 and FY 2019
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Pew Charitable Trusts. (October 13, 2020). Ranking of states' tax revenue volatility in the United States between FY 2000 and FY 2019 [Graph]. In Statista. Retrieved June 17, 2024, from https://www.statista.com/statistics/1105662/us-states-tax-revenue-volatility/
Pew Charitable Trusts. "Ranking of states' tax revenue volatility in the United States between FY 2000 and FY 2019." Chart. October 13, 2020. Statista. Accessed June 17, 2024. https://www.statista.com/statistics/1105662/us-states-tax-revenue-volatility/
Pew Charitable Trusts. (2020). Ranking of states' tax revenue volatility in the United States between FY 2000 and FY 2019. Statista. Statista Inc.. Accessed: June 17, 2024. https://www.statista.com/statistics/1105662/us-states-tax-revenue-volatility/
Pew Charitable Trusts. "Ranking of States' Tax Revenue Volatility in The United States between Fy 2000 and Fy 2019." Statista, Statista Inc., 13 Oct 2020, https://www.statista.com/statistics/1105662/us-states-tax-revenue-volatility/
Pew Charitable Trusts, Ranking of states' tax revenue volatility in the United States between FY 2000 and FY 2019 Statista, https://www.statista.com/statistics/1105662/us-states-tax-revenue-volatility/ (last visited June 17, 2024)
Ranking of states' tax revenue volatility in the United States between FY 2000 and FY 2019 [Graph], Pew Charitable Trusts, October 13, 2020. [Online]. Available: https://www.statista.com/statistics/1105662/us-states-tax-revenue-volatility/