Cyber Monday may mean loss of much needed revenue for states and brick-and-mortar retailers.
The sales tax extension on medical marijuana passed by D.C. Council earlier this year is estimated to bring in more than $400K over the next four fiscal years. The tax covers all weed sold in the metropolitan area. These user will … Continued
Probably a little too much of the green on da blog as of late, but we just couldn’t let this nugget vaporize without sparking a little light on the subject. Sales tax revenues on Medical Marijuana in Colorado Springs, CO have mushroomed … Continued
Well, we know that sales tax compliance can be a tricky sport to master. And we know that sales tax collections in general have been down some as the economy re-sets itself. And we sure know that localities and states are desperate … Continued
From Forbes magazine: “Nationally, sales taxes in 2008 generated more revenue for state and local governments–about $450 billion, a recent Government Accountability Office report suggests–than did either property taxes ($411 billion) or personal income taxes ($310 billion).”