Soaring corporate income tax revenue surprises states

State economists say it is most likely due to high corporate profits and a Trump-era tax law. 
The state Capitol building in Lansing, Mich. (AP Photo/Carlos Osorio, File)

A boom in corporate income tax payments is flummoxing state revenue forecasters. 

They have been telling lawmakers for several years that corporations will likely pay less taxes in the months ahead — and they keep being proved wrong. 

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