Tag: Sales and Excise Taxes

How to Tax Our Way Back to Justice

America’s soaring inequality has a new engine: its regressive tax system. Over the past half century, even as their wealth rose to previously unseen heights, the richest Americans watched their tax rates collapse. Over the same period, as wages stagnated for the working classes, work conditions deteriorated and debts ballooned, their tax rates increased. Stop […]

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Why Trump Just Made Your Dinner More Expensive

American shoppers may not have paid close attention to a 15-year controversy involving generous subsidies that the European Union provided Airbus, its largest aircraft manufacturer. But that long-running dispute between Europe and the United States is about to turn up at the supermarket. The Trump administration said on Wednesday that, starting Oct. 18, it will […]

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Back-to-School Sales Tax ‘Holidays’ Lure Shoppers Despite Slim Savings

If you missed out on the blitz of deals offered early this week by many online retailers, don’t despair: There may be additional savings on the horizon, as more than a dozen states gear up for their annual summer sales tax “holidays.” This year, 16 states are offering back-to-school promotions, exempting many items, including clothing, […]

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22 States Considered Eliminating the ‘Tampon Tax’ This Year. Here’s What Happened.

Why are tampons taxed when Viagra isn’t? That’s the question at the heart of the push to repeal the so-called tampon tax, a catchy phrase that refers to state sales taxes applied to menstrual products, including pads and cups. Thirty-five states still tax the items, despite momentum to change that. Opponents of the tax argue […]

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