TaxConnex Sales Tax Blog

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General Sales Tax Collections Reach an All-Time High

 

For the calendar year 2012, state and local governments are expected to collect $246 billion in general sales and gross receipts taxes.  That's a new record - a $7 billion increase over the prior 12 month collections.

With everything you hear...

Thoughts on a National Sales Tax

Lately, I’ve seen a lot of chatter about a national sales tax and how it’s the answer to the country’s financial crises.  I’m not so sure this is the panacea we’re all looking for but the idea of tax reform in itself is always interesting.  Here...