State Sales Taxes - 2019 Blogs, Forums & News on State Taxes
Every state figures out a way to collect revenue in the form of taxes, but not every state is equal in how they go about doing that. Some states have a high sales tax while others have no sales tax at all. This piece will focus on breaking down the best and worst states when it comes to their sales tax.
While the federal tax rates are the same for all fifty states, the various states are left to determine what their state income tax rate should be and those numbers are all over the map.
Unless you live in Delaware, Montana, Oregon, or New Hampshire, you are well aware of exactly what your state (and/or local) sales tax is. Makes sense; you've had to pay it on almost every single item you've ever purchased from a retailer.
Instituting a national sales tax has been debated, albeit halfheartedly, for years now. While I don't foresee our representatives in Washington tackling this issue anytime soon, it is still something that I've spent a lot of time thinking about, especially when it comes to the question of whether it will help or hurt the middle and lower classes.
If you own real estate in the United States, you know all about property taxes. And it stands to reason that you feel each and every time you pay that you might be paying too much. Ever wonder if you can proactively get your property taxes lowered? The simple answer is you can, if you are willing to put in a little effort.
Sales Tax News & Opinion Articles
|Tue Mar 22, 2016 | 247wallst.com|
The deadline for filing income tax returns is less than a few weeks away. In addition to income taxes, Americans pay property and general sales taxes as well, which also...
|Tue Mar 10, 2015 | computerworld.com|
Nine senators on Tuesday reintroduced legislation that would allow states to collect sales taxes -- more than 9 percent in a handful of states -- from large Internet...
|Tue Feb 24, 2015 | abc30.com|
California motorists were glad to hear they'll soon catch a price break at the pump. The State Board of Equalization unanimously voted to cut the excise tax from 36 cents...
Sales Tax Videos
|Sat May 11, 2013|
The Senate approved the proposal for internet sales tax. Who would benefit from this new measure? Would this hurt...
|Fri May 11, 2012|
This video demonstrates how to calculate tax and discounts. You'll be walked through a few examples showing percent...