Does Your State Have a Sales Tax Holiday?
However well-intended they may be, sales tax holidays remain the same as they always have been—ineffective and inefficient.
All Related Articles
2022 Sales Tax Holidays: Bad Policy Any Year, But Especially in Response to High Inflation
However well-intended they may be, sales tax holidays remain the same as they always have been—ineffective and inefficient.
Does Your State Have a Sales Tax Holiday?
Although state budgets may be in unusual places this year, sales tax holidays remain the same as they always have been—ineffective and inefficient.
Sales Tax Holidays: Politically Expedient but Poor Tax Policy, 2020
In the midst of the coronavirus crisis, some states are hoping that a sales tax holiday might help restart struggling industries by stimulating the economy. However, sales tax holidays can mislead consumers about savings and distract from genuine, permanent tax relief.
Sales Tax Holidays: Politically Expedient but Poor Tax Policy, 2019
If a state must offer a “holiday” from its tax system, it is an implicit recognition that the state’s tax system is uncompetitive.
Sales Tax Holidays: Politically Expedient but Poor Tax Policy, 2018
Sales tax holidays are not sound tax policy as they create complexities for all involved, while inserting the political process into consumer decisions.
Sales Tax Holidays: Politically Expedient but Poor Tax Policy, 2017
Sales tax holidays have enjoyed political success, but rather than providing a valuable tax cut or a boost to the economy, they impose serious costs on consumers and businesses without providing offsetting benefits.
