tag:blogger.com,1999:blog-8838647084146190738.post6056240514607583692..comments2023-08-07T05:47:46.231-07:00Comments on Patio Boat: The Naughtful Naughties: State Tax RevenuesPatioboaterhttp://www.blogger.com/profile/01600842825460753192noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8838647084146190738.post-73599451203744287012010-01-13T14:40:15.975-08:002010-01-13T14:40:15.975-08:00Quick note for those interested in digging a bit d...Quick note for those interested in digging a bit deeper into the state and local tax numbers. Arsen does so on his LaMarotte blog, here: http://adarnay.wordpress.com/2010/01/13/state-tax-revenues-scale-effects/Patioboaterhttps://www.blogger.com/profile/01600842825460753192noreply@blogger.comtag:blogger.com,1999:blog-8838647084146190738.post-54156824859928913052010-01-13T05:42:34.768-08:002010-01-13T05:42:34.768-08:00The chart is impressive, but its complexity is a d...The chart is impressive, but its complexity is a daunting. GDP data are <em>annualized</em> quarters as BEA reports them. State data are reported in current, not in real dollars, by the Census, and the authors don't say how they deflated those. Averaged %-changes are supposedly compared with "year ago two-quarter moving averages". What?? I've plotted data in the clear and did not produce the extremes shown here, hence suspect that these manipulations result in exaggerations--pleasing to the chart makers. Actual quarterly data, as reported by Census, fluctuate a great deal. I think your conclusions are all right, but the chart bothers me.ADhttps://www.blogger.com/profile/06408980212433714362noreply@blogger.comtag:blogger.com,1999:blog-8838647084146190738.post-47915514475995740962010-01-12T14:29:34.589-08:002010-01-12T14:29:34.589-08:00PA just passed table games in addition to already ...PA just passed table games in addition to already legal slots. You may soon be able to view our historic battlefields and then lose lots of money at a casino all in one trip.Gettysburg Momhttps://www.blogger.com/profile/09556094031951862400noreply@blogger.com