Sales Tax Holiday for Guns Proposed in Missouri
- Sales Tax News
- Dec 30, 2016 | Gail Cole
Rep. Jered Taylor has introduced House Bill 1901, which seeks to exempt from state and local sales taxes “all retail sales of any firearm during the Saturday after July fourth.” If enacted, it would take effect “each year beginning after December 31, 2016.”
As always when it comes to sales tax exemptions, there are proponents and opponents. Retired police officer and current gun salesman Greg Roeder thinks a sales tax holiday could help boost business, if only for one day. On the other hand, veteran and current university student Kasey Stanford doesn’t think that making guns more affordable will make the community any safer (KSPR).
Sales tax automation helps businesses stay on top of changing sales tax rates, rules and regulations. Learn how it works.