sales tax
sales tax news stories
Diesel expenses eat up shrinking budgets even as commuters abandon cars
Wall Street Journal May 30, 08 4:29 PM CDT
(Newser) -
The same agencies that stand to benefit as commuters turn to public transit to escape high gas prices are finding themselves hamstrung by rising fuel costs, the Wall Street Journal reports. Ridership is up by as much as 35% for some bus lines, but the cost of diesel has doubled and economic woes are slowing sales-tax revenue, the main source of transit funding.
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Many are asking people to fess up
when they fill out their IRS forms
Forbes Feb 28, 08 10:26 PM CST
(Newser) -
As tax time draws near, more Americans may be stumbling upon an extra line on their state returns, Forbes reports. About half of state governments—including New York, Michigan, California, North Carolina, and Ohio—are trying to collect their fare share of sales taxes from Internet sales. Chances remain slim, though, that most buyers will admit—or pay—anything.
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'Fair tax' would
abolish IRS, and be
a windfall for the rich
Los Angeles Times Dec 24, 07 12:00 PM CST
(Newser) -
Supporting a 23% sales tax ought to be political suicide, but Mike Huckabee is making it work, the Los Angeles Times reports. Huckabee has championed the so-called “fair tax,” a radical proposal that would abolish the federal income tax and tax spending instead. The plan favors the rich, but by tapping into America’s hatred for the IRS, it has helped vault Huckabee into the top tier of candidates.
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