August 5, 2016

Waco Tribune: Local stores prepare for statewide sales tax holiday

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“Sales tax holidays are political gimmicks that fail to deliver on their grand promises,” said Dylan Grundman with the Institute on Taxation and Economic Policy. “They may give consumers a short break from sales taxes on certain items, but they don’t change regressive state tax systems. Policymakers should instead consider policies that make our tax system fairer, such as a low-income refundable sales tax credit or a state earned-income tax credit.”

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