CNBC: Where and when to snag sales tax breaks across the US
media mention“But while sale tax holidays are popular with consumers, critics argue that they do nothing to stir economic growth, and they simply shift spending on already planned purchases. One of these organizations is the Institute on Taxation and Economic Policy, a nonpartisan group that said sales tax holidays will cost states at least $300 million in 2014.
“Revenue lost through sales tax holidays will ultimately have to be made up somewhere else, either through painful spending cuts or increasing other taxes,” the institute said in a recent report.”
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