Texas Comptroller Susan Combs announced that sales tax revenue to the state in February was $2.01 billion. That’s up 14.8 percent compared to February 2011.
“Sales tax revenue in all major industries was up, indicating growth in both business and consumer spending,” Combs said. “Rapid growth in tax collections continued from oil and natural gas sectors, while revenue from retail trade, restaurants and telecommunications was also up significantly.”
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