Author Archive - Troy Spence

 In March of 2008, Myrtle Beach, South Carolina, implemented a 1% sales tax intended for the promotion of tourism and to subsidize property taxes.  Despite strong opposition from the governor and many locals, the privately ran Chamber of Commerce passed the tax anyways without a vote, but put a 10 ...

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 For the fifth straight year, Virginia shoppers will be allowed to purchase hurricane related supplies free from state and local sales taxes beginning later next week.  The Hurricane Preparedness Tax Holiday runs from Friday, May 25th through the 31st, and includes items such as water bottles, tarps, and batteries on ...

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 On April 23rd, the Massachusetts House of Representatives voted to reject a budget amendment that would have allowed for a Meals Tax Holiday in the state from October  7th - 12th.  Should this amendment have passed, diners would have the opportunity to save 6.25% on their purchases at restaurants throughout ...

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 Texas will once again be participating in their annual Energy Star Sales Tax Holiday from Saturday, May 26th though Monday the 28th.  During this particular weekend, big ticket items such as refrigerators and washers with an Energy Star rating are free from the 6.25% state sales tax.  Other states that ...

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 Beginning July 1, Tennessee will see a reduction in their grocery sales tax from 5.5% down to 5.25%.  This cut, which was passed by the General Assembly last month and figures to save your average consumer about $3.40 a year, will cost the state about $22 million in revenue over ...

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A Tax Holiday bill that recently passed in the Colorado House has rolled through a Senate panel despite skepticism on both sides.  Should the final bill eventually come to pass, Colorado would join 16 other states that exempt the purchases of school related items, as well as other purchases, from ...

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In a bill passed by the city council last October, the city of Petersburg allows for up to two Tax Free Days a year, chosen by the Chamber of Commerce, which gives shoppers a 6 percent savings on their purchases for a one day period.  The first ever Tax Free ...

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A Tennessee County Representative is proposing a 25 percent tax on adult businesses and products to help generate an estimated $55 million in state revenue.  This "sin" tax would be levied on things such as adult material, escort services, and establishments and products where you must be at least 18 ...

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An Illinois club owner has voiced strong opposition to a Senate bill that aims to generate revenue by targeting the strip club business.  This new tax, which would charge owners $5 a head for every customer through the door, regardless of if they are paying or not, would go towards ...

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Amongst a list of suggestions from a citizens committee is the imposition of the very first county sales tax in Oregon.  Curry County is one of a dozen counties expected to face a budget shortfall in the near future, and committee members are exploring ways of addressing that.  The County ...

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Dozens of members of the Maine restaurant and tourism industry met this week to organize their efforts in opposition to the Governor's proposed 2% increase in the state meals tax, which would increase the total rate to 10%.  Plans of action include pamphlets, decals, petitions, and other forms of propaganda ...

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Governor Bailey, of Alabama, has proposed a possible sales tax holiday similar to Louisiana's "Hurricane Preparedness" holiday, during which time supplies such as weather radios, flashlights, generators, and other weather disaster related supplies are exempt from sales tax.  This holiday would work much like the annual August Back-to-School holiday in ...

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Lawmakers in Vermont have introduced a proposal for the state to participate in a one day sales tax holiday during the anniversary of Hurricane Irene.  If approved, the 6% state sales tax would be waived on purchases made on Tuesday, August 28th; sales tax on  purchases of home insulation products ...

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Law makers are throwing around the idea of a few tax free days in Harrisburg, PA, proposing anywhere between 4 days and a full week in April, where shoppers would get a breaks on a variety of goods.  Some of the ideas include tax free days on farm equipment, on ...

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