Posted on October 20, 2009 by Althea Azeff
The nonpartisan Tax Foundation recently released its updated report on state and local sales tax rates. (Fiscal Fact No. 196, October 2009, found here), opening eloquently, “Sales taxes are paradoxically transparent and non-transparent. A taxpayer can easily see how high the tax is by looking at the receipt for any purchase. It’s hard to imagine [...]
Filed under: Uncategorized | Tagged: California, Louisiana, Oklahoma, sales tax rates, Tennessee, The Tax Foundation, Washington | Leave a Comment »
Posted on July 27, 2009 by Althea Azeff
While the back-to-school shopping sales tax holidays season is upon us, and I’m about to list the jurisdictions granting such gifts, it’s important to remember that these sales tax holidays are probably not going to be the panacea, the proverbial shot in the arm, that the retail industry needs to demonstrate any sort of real [...]
Filed under: Taxability | Tagged: Alabama, back-to-school sales tax, back-to-school shopping, Connecticut, district of columbia, Georgia, iowa, Louisiana, Mississippi, missouri, New Mexico, North Carolina, Oklahoma, sales tax holiday, sales tax holidays, south carolina, Tennessee, Texas, Vermont, Virginia | 2 Comments »
Posted on July 12, 2009 by Althea Azeff
As discussed in an April Sales Tax Buzz post, sales tax receipts generally outpace income taxes as the primary food source for state budgets. Noting the dismal Q2 receipts that came off a disastrous Q1 2009, while considering that June closes the fiscal year in a majority of states, fiscal 2010 does not look pretty [...]
Filed under: Uncategorized | Tagged: California, Colorado, Hawaii, IOU, Minnesota, New Jersey, Oklahoma, Q2, sales tax receipts, sales tax revenues, state budgets, Tennessee, Texas | Leave a Comment »
Posted on April 15, 2009 by Althea Azeff
Sales tax receipts make up one of the best indicators of how a consumer-driven economy is faring. We’re not faring well. And sales tax receipts are the primary source, outpacing income tax, for the majority of state budgets. Based on the numbers you’re about to read, you can easily understand why so many state budgets [...]
Filed under: Uncategorized | Tagged: 50-year low, Colorado, consumers, New York, Oklahoma, Rockefeller Institute of Government, sales tax receipts, state budgets | 5 Comments »
