ST. PAUL, Minn. – The state’s economy, as measured by tax collections, finished 2023 doing just fine. The state Budget Office reported the atest monthly collections totaled $5.2 million – about 1.4% more than projected. The breakdown:
> Individual income tax: $2.4 million, up 1.5%
> Sales tax: $1.2 million, off 0.1%.
> Corporate tax: $560,000, up 11.5%,
> Other: $945,000, off 3.2%.