The Latest Breaking News from Sales Tax

Amid the scale and sweep of the list of decisions made by the Whitlam government in their first week in office, most people remember the big changes: freeing all draft resisters from prison, or official recognition of Communist China.

Lots of clicking on a computer keypad is likely to occur all across Kentucky Monday. It’s Cyber Monday and sales taxes will flow into state coffers. Kentucky collects those revenues from both in-state and out- of-state online purchases.

Advocates have previously called for repealing the sales tax on products like tampons, sanitary pads and pantyliners. Menstrual products are already tax-free in 24 states.

The holiday, which reduces the state’s portion of sales tax on select supplies, clothing and footwear, will last through Aug. 14.

There’s no dispute that the cost of consumer goods is soaring. The U.S. inflation rate rose 9.1 percent for the 12 months ending June 2022. With rising prices across many sectors, the prospect of shopping for your child’s school items can be daunting. What was once economical may now be…

Twenty-nine states do not charge sales tax on menstrual products.

To help inflation-plagued and struggling families ease the burden of buying necessities, several states are scrapping the sales tax on infant and adult diapers.

Union Finance Minister Nirmala Sitharaman on July 19 stated that States levied sales tax or VAT on foodgrains in the pre-GST regime and the present levy on cereals, pulses, flour, curd and lassi is an exercise to curb tax leakage

Households that are already burdened with the increasing costs of other necessities, such as housing, do not need this added stressor.