OCR Text |
Show Sales Tax Weakness But sales tax collections, reflecting sales by merchants, are $933,020 below estimates, he said. This drop below estimates esti-mates is not as big as it was feeveral moruths ago, how-aver, how-aver, he said. The biggest increase was in individual state income tax collected and withheld, $2.17 million above estimates. Corporate franchise tax showed an increase of $358,000 above estimates; liquor profits pro-fits were $398,000 above estimates esti-mates and cigarette tax was $1C9,0C0 below estimates. Collection of cigarette tax actually showed a drop of 135,000 below those of last year. |