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The Latest Breaking News from Sales Tax

High housing costs, inflation bite into Texas sales tax growth

Officials said the state’s higher cost of living means less state sales tax revenue, which makes up more than half of the state budget.

The Texas Tribune

Trump tariffs: U.S. blames the VAT for Europe trade deficit

A value-added tax is not a tariff, but Trump blames it for America’s trade deficit with the European Union.

Fortune

DeSantis 'Second Amendment Summer Tax Holiday' for Florida Turns Heads

A $115.6 billion budget proposal offers Floridians everything from 2025 sales tax holidays to a one-time mortgage tax exemption.

Kiplinger

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States That Won't Tax Your Retirement Income in 2026

Several states don’t tax Social Security benefits, 401(k)s, IRAs, and pensions. But you may still have to pay state taxes on some incomes.

Kiplinger

House GOP Bill Aims to Abolish the IRS and Rewrite the Tax Code

The stability of the IRS is crumbling as the U.S. presidency changes hands.

Kiplinger

State Tax Changes for 2025: Key Reforms and What They Mean for Your Finances

It’s important to stay informed of state tax changes that can impact your budget.

Kiplinger

Louisiana Has a New Income Tax Rate: What It Means for You

Louisiana lawmakers passed a massive tax reform bill including changes to the state income tax and sales tax rates.

Kiplinger

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Louisiana Legislature Passes Tax Cuts And Sales Tax Increase

Louisiana legislature approved tax cuts to attract businesses, sparking debates on economic impact.

Top News

Louisiana lawmakers pass income and corporate tax cuts, raising statewide sales tax to pay for it

Louisiana’s GOP-dominated legislature passed tax cuts on personal and corporate income on Friday in exchange for a statewide sales tax increase, a mixed bag of success for Gov. Jeff Landry, whose original tax revision plans faced resistance from lawmakers and lobbyists amid hard fiscal realities

The Independent UK

Canada's Trudeau to cut sales tax and send checks to millions of Canadians as election looms

Canadian Prime Minister Justin Trudeau plans to temporarily lift the federal sales tax off a slew of items and send checks to millions of Canadians who are dealing with rising costs as a federal election looms

The Independent UK

Sweeping tax overhaul in Louisiana hits snag on sales tax expansion

Louisiana House lawmakers have postponed a vote on a key plank in Gov. Jeff Landry's tax reform package

The Independent UK

Nevada Diaper Tax Goes Away January 1: What You Need to Know

Nevada voters have expanded sales tax relief to diapers. But are prices still too high?

Kiplinger

Three Creative Ways to Lower Your Retirement Taxes

You can apply key minimalism concepts for potential tax savings. Here’s how.

Kiplinger

Don't Let High Taxes Break Your Heart This Valentine’s Day

We’ve mapped out the best states where your box of chocolates comes without a side of sales tax.

Kiplinger

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Kiplinger

New Jersey Ends Sales Tax Break for EVs: What to Know

Discover alternative savings now that New Jersey is phasing out its sales tax exemption on EVs.

Top News

President Trump Claims Success In Economic Policies

Former President Trump made inaccurate claims about sales tax, tariffs, immigration, and inflation during a recent speech, while also highlighting his econ...

The Texas Tribune

Texas would need about $81.5 billion a year to end property taxes, officials say

Texas Republicans have been trying to reduce the state’s high property taxes for years, but some acknowledge eliminating them would be too expensive.

Kiplinger

How Tariffs Work and What They Mean for You in 2025

President Donald Trump wants to raise tariffs on all foreign goods, but who pays for the tax?

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The Independent UK

Sales tax revenue, full costs unclear if North Dakota voters legalize recreational marijuana

North Dakota lawmakers on Friday struggled to estimate the full financial impact of legalizing recreational marijuana, if voters pass a ballot measure on the issue in November

Kiplinger

Nebraska Property Tax Debate Sparks Marijuana and Ammo Tax Bills

The Cornhusker State considers a wide breadth of funding to slash property tax bills.

Kiplinger

2024 Sales Tax-Free Weekend in Texas

What you need to know about tax-free shopping in Texas.

Kiplinger

Virginia's Sales Tax Holiday Is Here: What to Know

After a glitch last year, the Virginia tax-free weekend returns this weekend.

Kiplinger

Sales Tax Holidays Are Going Away in Some States

Why are tax-free weekends disappearing? Find other ways your family can save on taxes and essentials.

Kiplinger

Florida Back-to-School Tax-Free Holiday 2025

Everything you need to know about the two-week tax-free holiday in Florida.

The Conversation

How do 9 states get by with no income tax? A tax expert explains the trade-offs they choose

Curious Kids is a series for children of all ages. If you have a question you’d like an expert to answer, send it to curiouskidsus@theconversation.com.

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