Chattanooga Times Free Press: Back to School Goods are Tax-Free This Weekend in Georgia
media mentionAnother critic of sales tax holidays is Matthew Gardner, executive director of the Institute on Taxation and Economic Policy (ITEP), a non-profit, non-partisan research organization with offices in Washington D.C., North Carolina and Wisconsin.
“These holidays aren’t all they’re cracked up to be,” said Gardner.
Sales taxes make up about half of all states’ income, says a recent ITEP report, but they are inherently regressive because the lower a family’s income, the more the family must spend on goods and services subject to the tax.