diff --git a/changelog_entry.yaml b/changelog_entry.yaml
index e69de29b..6f4c372f 100644
--- a/changelog_entry.yaml
+++ b/changelog_entry.yaml
@@ -0,0 +1,4 @@
+- bump: patch
+  changes:
+    fixed:
+    - Bug causing state tax revenues to be double counted.
diff --git a/policyengine_api/endpoints/economy/compare.py b/policyengine_api/endpoints/economy/compare.py
index 198f152d..10b9f5de 100644
--- a/policyengine_api/endpoints/economy/compare.py
+++ b/policyengine_api/endpoints/economy/compare.py
@@ -10,9 +10,7 @@ def budgetary_impact(baseline: dict, reform: dict) -> dict:
     benefit_spending_impact = (
         reform["total_benefits"] - baseline["total_benefits"]
     )
-    budgetary_impact = (
-        tax_revenue_impact + state_tax_revenue_impact - benefit_spending_impact
-    )
+    budgetary_impact = tax_revenue_impact - benefit_spending_impact
     return dict(
         budgetary_impact=budgetary_impact,
         tax_revenue_impact=tax_revenue_impact,