Sales Tax News (you can use) - Week 10/25

Greetings, LinkedIn Sales Tax Community!

Welcome to this week’s edition of the Sales Tax Newsletter, where we highlight the latest news and updates on sales tax policies and their effects across the nation. Here are the top stories we're covering this week:

1. Louisiana Considers Sales Tax Expansion to Offset Income Tax Cut Louisiana lawmakers are proposing a plan to cut income taxes, but it comes with a trade-off: expanding sales tax to services such as pet grooming, car washes, and other personal services. This proposal seeks to balance the state’s budget while reducing reliance on income tax which appears to have support. (Source: WBRZ)
2. Waukesha County, WI Withdraws Sales Tax Proposal Waukesha County have a $5 million shortfall in their budget. A sales tax increase was proposed but quickly withdrawn, responding to public concerns about not having enough time to discuss. The proposal’s postponement has been met with relief by local residents, though discussions around future tax needs are expected to continue. (Source: GMToday)
3. Decatur, AL Restaurant Faces Tax Payment Issues A beloved Decatur restaurant is struggling to remain open due to tax payment issues. Owners are working with officials to resolve the problem and keep the business afloat, underscoring the challenges small businesses face with tax compliance. This article is an example the seriousness of remitting sales tax that you have collected as a business. (Source: WHNT)
4. Cloverdale, CA Considers Measure DD Sales Tax for City Services Cloverdale voters will soon decide on Measure DD, a sales tax proposal designed to "improve residents’ quality of life by repairing streets, enhancing parks and open spaces, and improving public safety". If passed, the .75% increase is estimated to bring in $1.6 million annually. Would that be worth the estimated $20-$40 each person will have to pay annually for this sales tax increase? (Source: Press Democrat)
5. Denver Mayor Addresses Property Tax Confusion Denver’s mayor is working to clear up confusion around a comment he made on why Denver should increase it's sales tax to fund housing particularly in relation to a recent fact-check on tax increases. While sales tax will effect the lower income residents more than higher earns, it was asked why not to propose a property tax increase instead of sales tax. While the Mayor thought all property tax goes to schools, it was pointed out that an increase in property tax can be allocated to a certain project (like housing instead of schools). As the city faces budgetary challenges, property and sales tax debates are central in this local discussion of the needs in Denver. (Source: Denverite)

Stay tuned for more updates and in-depth analysis on sales tax trends in our upcoming newsletters!

Engage with these articles and share your insights with the LinkedIn community. Let’s keep the conversation going on how sales tax policies impact our businesses and communities.