Texas tax revenues take larger pandemic hit than other states

There were significant warnings about the massive impact pandemic-related shutdowns would have on state tax revenue when Covid-19 hit about a year ago. While some of the doomsday projections haven't materialized, the pain that did follow has not been spread evenly, and Texas has faired much worse than most states, according to new data. Twenty-eight states, including Texas, posted declines in tax revenues in 2020. Nationwide, the declines — estimated at 1.8% from April to December 2020, compared…