Marijuana supporters had predicted much more in tax revenue during the legalization campaign.
States are turning to higher sales taxes to boost their bottom lines, says one recent study.
Georgia, Maryland, Massachusetts and Texas shoppers will be treated to sales-tax-free shopping for at least part of the coming weekend.
A tax policy think tank says state sales tax codes are stuck in the last century. Changes for 21st century buying could bring states billions in lost taxes.
The Sunshine State is the latest in the growing group of states where online retail giant Amazon will start collecting sales tax.
As the economy slowly improves, states are beginning to dig out of their recession-level fiscal holes.
The Senate passed the Marketplace Fairness Act, which would force online retailers to collect sales tax depending on where the buyer lives. But don’t start budgeting for the added tax costs just yet.
Deducting your state sales taxes this filing season? You can use the IRS tables or you can add up the amounts on all those receipts you collected.
Massachusetts shoppers can pick up tax-free bargains Saturday, Aug. 11, and Sunday, Aug. 12.
Amazon began collecting sales tax from Texas purchases July 1.