Monday, August 10, 2009

Press Release: Facing Deficits, More States Considering Taxing Services — Center on Budget and Policy Priorities

"No, No! Not That Way"—Political car...Image via Wikipedia

Broadening the sales tax base to encompass more services, a step that tax experts have long recommended to modernize state tax systems, is receiving renewed attention because of the state fiscal crisis, according to a major new report from the Center on Budget and Policy Priorities. The report provides state-specific information on what services states now tax, how much revenue they forgo by failing to tax selected services, and how much revenue they could raise by taxing services comprehensively. Read More
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