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The Latest Breaking News from Sales Tax

Texas would need about $81.5 billion a year to end property taxes, officials say

Texas Republicans have been trying to reduce the state’s high property taxes for years, but some acknowledge eliminating them would be too expensive.

The Texas Tribune

How Tariffs Work and What They Mean for You in 2025

President Donald Trump wants to raise tariffs on all foreign goods, but who pays for the tax?

Kiplinger

Sales tax revenue, full costs unclear if North Dakota voters legalize recreational marijuana

North Dakota lawmakers on Friday struggled to estimate the full financial impact of legalizing recreational marijuana, if voters pass a ballot measure on the issue in November

The Independent UK

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Nebraska Property Tax Debate Sparks Marijuana and Ammo Tax Bills

The Cornhusker State considers a wide breadth of funding to slash property tax bills.

Kiplinger

2024 Sales Tax-Free Weekend in Texas

What you need to know about tax-free shopping in Texas.

Kiplinger

Virginia's Sales Tax Holiday Is Here: What to Know

After a glitch last year, the Virginia tax-free weekend returns this weekend.

Kiplinger

Sales Tax Holidays Are Going Away in Some States

Why are tax-free weekends disappearing? Find other ways your family can save on taxes and essentials.

Kiplinger

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Florida Back-to-School Tax-Free Holiday 2025

Everything you need to know about the two-week tax-free holiday in Florida.

Kiplinger

How do 9 states get by with no income tax? A tax expert explains the trade-offs they choose

Curious Kids is a series for children of all ages. If you have a question you’d like an expert to answer, send it to curiouskidsus@theconversation.com.

The Conversation

Nebraska governor seeks shift to sales taxes to ease high property taxes. Not everyone is on board

Nebraska Gov. Jim Pillen has announced a broad tax plan for an upcoming special legislative session billed to cut property taxes in half

The Independent UK

Spain Temporarily Eliminates Sales Tax On Olive Oil

Spain eliminates sales tax on olive oil temporarily to ease financial burden on consumers due to soaring prices, reflecting its cultural and dietary signif...

Top News

European country removes tax on olive oil to tackle skyrocketing prices

The price of olive oil has increased by 272% since September 2020

The Independent UK

Summer season relief: Florida launches tax-exemption initiative lasting throughout July

The plan, designed to reduce financial burdens on families, includes fishing gear, outdoor equipment, and admissions to state parks

Latin Times

California is about to tax guns more like alcohol and tobacco − and that could put a dent in gun violence

Starting in July 2024, California will be the first state to charge an excise tax on guns and ammunition. The new tax – an 11% levy on each sale – will come on top of federal excise taxes of 10% or 11% for firearms and California’s 6% sales tax.

The Conversation

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Kiplinger

What’s in DeSantis’ $1.07 Billion Florida Tax Relief Bill?

A new Florida tax relief package defines 2024 sales tax holidays and cuts taxes for families and businesses.

Ballotpedia

Signatures submitted for South Dakota initiative that would repeal state grocery tax

A South Dakota campaign supporting an initiative that would ban the state sales and use tax on groceries submitted signatures to the secretary of state’s office on April 24, 2024. According to Rick Weiland, the co-founder of TakeItBack, the campaign supporting the initiative, about 25,000 signatures were submitted. For the…

Reason

Taxpayers Refuse To Pay New Stadium Expenses for Billionaire Sports Owners

Jackson County, Missouri, voted not to extend a sales tax that would have benefited the Chiefs and the Royals.

InsideEVs

New Jersey Introduces Annual EV Fee, Punishing Owners Who Go Green

We examine a new law introduced in New Jersey that will initially impose a $250 annual electric vehicle registration fee and increase by $10 annually.

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Top News

Kansas City Voters Decide On Stadium Tax Extension

Vote in Jackson County, MO, to decide on sales tax extension for new ballpark and stadium renovations for the Royals and Chiefs.

Kiplinger

Why You’ll Still Pay Oklahoma Grocery Tax

Oklahoma is eliminating its state grocery tax, but that doesn’t mean groceries will be tax-free.

iMore

German authorities have already caught eight people trying to sneak Apple Vision Pro into the country — Early adopters try to dodge 19 percent import tax

A new report says at least eight people have been caught trying to sneak Apple Vision Pro into Germany without paying the required import sales tax.

Broadcasting & Cable

Missouri State Congressman Sponsors Bill to Stop Local Taxes on Netflix, Hulu and Other Streaming Companies

Netflix, which just started billing its Florida subscribers for state taxes, is also trying to stop sales taxes on streaming service in Colorado

TechRadar

Sales tax scares off UK businesses

UK businesses are apprehensive about exploring new markets due to US sales tax complexities.

Ballotpedia

55 statewide measures certified for the ballot in 25 states in 2024 (so far!)

Welcome to the Friday, January 26, Brew.

Ballotpedia

Stadium tax measure for Kansas City Chiefs and Royals will appear on the ballot for April 2, 2024

Voters in Jackson County, Missouri, will decide on a ballot measure to renew a sales tax that provides funding for stadium improvements for the Kansas City Chiefs and Kansas City Royals. Voters will decide the ballot measure on April 2, 2024. The Jackson County Legislature overrode a veto from County…

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