Tax holiday
July 25th, 2007
It’s like a fire sale, statewide.
I was surprised to find out that fifteen states have sales tax holidays, which are short periods during which merchandise is not assessed sales tax. Most of the holidays are in August and are limited in both scope (e.g., clothes and school supplies) and value (e.g., clothing costing less than $100 per article), but there are exceptions.
To revisit the productivity question from a few days ago, I wonder if productivity would be improved by an occasional income tax holiday? I mean, if they can do it for retail sales and corporate profit repatriation, why not income?
(This post is part of the 100/100/100 challenge)
But salaried employees aren’t paid more on days when they are more productive.
it would totally work if it was the last day of the month, that would be awesome.