Remove tag income tax
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When One State’s Tax-Exempt Necessity Is Another’s High-Tax Discretionary Purchase

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Sales taxes empower governments to maintain critical public services, but they can also make medical essentials too expensive for those who need them. Campaigns against taxing obligatory items are spreading across the United States, forcing states to rethink their revenue generation decisions. Sales taxes’ price tags.

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A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws

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Merchants aiming to sell nationwide must pay attention to how their goods are treated by each state’s tax code. Items considered as exempt medical necessities in some states may be taxed at high rates in others, and businesses cannot afford to be caught by surprise. Around The Next-Gen Sales Tax Wor ld.

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COVID Retail Update: Mall Group Asks For Bailout

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The pain started to become very evident on Wednesday (March 18), as the trade group that represents mall owners asked for a government bailout and big retail names started to put a price tag on the revenue losses they expected to incur. generates nearly $400 billion of state and local taxes, McGee said.

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Surprise Outcomes Edition: Cybercrime, Student Loans And CAN Capital

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The experts estimate that the United States government spent millions trying to enforce it and deprived the states of billions in tax revenue — all without managing to make any significant change in American alcohol consumption. The 13-year effort to curb alcohol consumption with a universal ban was pretty much a bust.

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Transcript: Jenny Johnson, Franklin Templeton

Barry Ritholtz

What you tend to see is as people earn more and have more and more savings, somebody said to me anecdotally, if you have sort of three years’ worth of savings of your income, that’s when you start to look for advice. I could do my own taxes. JOHNSON: Exactly, the tax… RITHOLTZ: The negative on a mutual fund is phantom taxes.

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Amazon (And Others) Brace For India’s New eCommerce Tax

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The jousting over eCommerce taxes — especially for U.S. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. The tax, technically known as “Tax Deducted at Source” (TDS), is sent directly to an account held by the central government.

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Pew Talks Payday Loans

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These products are pitched at consumers that are lower income but not bottom of the barrel. More importantly, that income then determines who gets a payday loan, though. On average, $430 represents 36 percent of the typical borrower’s paycheck before taxes. The Typical Trouble With Payday Lending .

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