Several states have declared sales tax holidays for which the state

| June 14, 2018

Week 10 Discussion 1

“Major
Tax Structures” Please
respond to the following:

Compare the
burden of your state with two neighboring states.

Week 10 Discussion 2

“General
Taxes” Please respond to
the following:

Review the
following scenario and then analyze the impact of tax holidays on the budget.

(a) Scenario: Several states have declared sales tax holidays
for which the state does not collect sales tax on selected items for those day
or days. In most instances, the holiday has applied to purchases of clothing
and the period has been a week to 10 days in August. The primary reason is to
provide a “back-to-school” discount as families get ready for the upcoming
year. However, in recent years, some states have proposed or enacted holidays
for hurricane survival supplies, gasoline, Energy Star appliances, and guns and
ammunition.

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