It’s that time of year when state governors announce plans and proposals for the coming legislative season. As always, state plans involve balancing the books, and when it comes to state revenue, sales tax is a big player. The most recent U.S. Census Bureau data reveals that general and selective sales taxes accounted for 38.9% of the national total of state revenue from the September 2011 to September 2012. With such a large revenue stream at stake, sales tax proposals can have a big impact on state economies and often incite controversy among state residents.
We’ve gathered the most recent state sales tax proposals below to keep you informed about potential shifts in business climate within specific states. As a bonus, we’ve got the latest for you on Amazon and Starbucks’ tax battles in Europe, online sales tax in 2013 and Amazon’s lack of compliance with Georgia law.