Sun Herald: Sales Tax Holiday Weekend Arrives July 31
media mention“The Institute on Taxation and Economic Policy in Washington, D.C., believes sales tax holidays are poorly targeted, providing tax breaks to the wealthiest taxpayers and offering less assistance to the elderly or families without children who don’t have back-to-school needs.
The Institute also said many low-income taxpayers spend most or all of their money on necessities, which means they have less disposable income than wealthier taxpayers. They also may not have the luxury of shifting the timing of their purchases to coincide with a two- or three-day sales tax holiday.”