Sales tax

Gov. Charlie Baker’s plan, with some tweaks, could secure much-needed funds money more quickly during the coronavirus pandemic, Pioneer Institute said.

The monthly drop collectively topped $60 billion.

With retail sales' record decline, budget pain will continue.

Even while the nation's economy is reeling from the impact of COVID-19, the municipal bond market is good news for cities looking to restructure their debt because of historically low interest rates.

Texas suffered its worst sales tax plunge in 10 years as the pandemic began to grip the state's economy.

Fiscal blow to MPEA's operations and tax collections follow the halt to trade and convention business that began in March.

When April data becomes available in about a month, it is expected to beging showing the full force of the shutdown of nationwide economic activity.

Sales taxes are a pillar of the Texas state budget, and the usually stable revenue source has taken a hit from the COVID-19 pandemic.

When lawmakers cast the final vote on the 2021 budget, they won’t have updated revenue projections but other states and industries do.

The sales tax that funded the Wisconsin stadium construction turns off this month.

After a record year of sales tax revenue, Texas continued to grow collections in the first month of 2020.

After lawmakers reversed course on a plan to lower income taxes while taxing grocery-store food, triple-A Utah will sell $450 million of GO bonds.

Texas closed out a record year of sales tax collections with a strong kick in December, state Comptroller Glenn Hegar said.

With a new Texas Rangers venue opening in March, the city of Arlington, Texas, plans to add an adjacent hotel and convention center.

For the fourth time since 1993, Oklahoma City voters have approved a 1-cent tax to build projects without the use of bonds.

Texas continued its record-setting pace in October with monthly sales tax revenue growing 7% year-over-year to $2.82 billion.

Nearly two in three finance officers in large cities predict a recession in the next year or two.

A Senate committee has approved a bill requiring remote sellers to collect the state's 6% sales tax. It could generate $700 million in new revenue.

Only Florida and Louisiana remain among the sales tax states that have not enacted laws to require remote collection to reap the benefit of the June 2018 Supreme Court ruling in Wayfair v. South Dakota.

Thirty seven states and the District of Columbia now have laws requiring remote sales tax collection, according to the National Conference of State Legislatures.