首页
登录
职称英语
Nine states and the District of Columbia are doing away with the sales tax o
Nine states and the District of Columbia are doing away with the sales tax o
游客
2023-12-27
7
管理
问题
Nine states and the District of Columbia are doing away with the sales tax on items such as clothes, shoes and even notebooks over the next few weeks, just in time for back-to-school shopping.
Most of the promotions last only a few days, so shoppers will have to act quickly to get a tax break. The tax holidays, which have already expired in two other states, apply to small and large items. For example, the tax break applies to any school supply that costs $ 15 or less in New Mexico. In Massachusetts, it covers most retail purchases of $2,500 or less. Stores may offer additional savings because these events " give retailers an opportunity to have a sale on top of what the state is doing," says Verenda Smith, government affairs associate at the Federation of Tax Administrators.
No industry-wide figures are available about how much consumers save annually from these tax breaks. But Texas estimates that shoppers will save $ 47.4 million in taxes this year, nearly a 3 percent increase from the previous year. Massachusetts says shoppers saved roughly $ 10 million in taxes during its 2005 event.
States that cast aside these promotions when a slow economy pinched state budgets are now reviving them in hopes of stimulating local economies. Some states also believe the gain in
consumer goodwill
helps balance out the loss in tax revenue.
In some cases, tax losses are minimal because serious shoppers don’t stop at clothes and books. "While states give up sales tax, they usually break even on sales-tax collection," says J. Craig Shearman, a vice-president at the National Retail Federation.
Sophie Beckmann, a certified public accountant at A. G. Edwards in St. Louis, says she’ll avoid that temptation by making a list of necessities. On the Missouri resident’s shopping list: notebooks, pencils, glue and three or four outfits for her son, who is entering the fifth grade this month. She plans to pocket any tax savings. " When you start buying more and spending more just because of the savings, then you’re not doing yourself a favor," Beckmann says. [br] According to the passage, some states choose to provide tax breaks because they want to
选项
A、cast aside these promotions
B、pinch state budget books
C、slow down local economy
D、encourage their economies
答案
D
解析
细节题型参见第87题注释;见第四段第二句中…in hopes of stimulating local economies,与D同义,因此D为答案。
转载请注明原文地址:https://www.tihaiku.com/zcyy/3310031.html
相关试题推荐
OfalltheemployedworkersintheUnitedStates,12.5millionarepartofa
OfalltheemployedworkersintheUnitedStates,12.5millionarepartofa
OfalltheemployedworkersintheUnitedStates,12.5millionarepartofa
OfalltheemployedworkersintheUnitedStates,12.5millionarepartofa
OfalltheemployedworkersintheUnitedStates,12.5millionarepartofa
OfalltheemployedworkersintheUnitedStates,12.5millionarepartofa
OfalltheemployedworkersintheUnitedStates,12.5millionarepartofa
OfalltheemployedworkersintheUnitedStates,12.5millionarepartofa
OfalltheemployedworkersintheUnitedStates,12.5millionarepartofa
OfalltheemployedworkersintheUnitedStates,12.5millionarepartofa
随机试题
[originaltext]M:WhendoesthenextbusleaveforNewYork?W:Busesleavefor
贡献contributeto
与文字说明法和调查表法相比,审计人员利用流程图法记录对被审计单位内部控制的调查了
A.胸痛、咳铁锈色痰 B.肝、脾肿大及腹水 C.排虫史 D.皮下结节 E
上市公司就并购重组事项出具盈利预测报告的,在相关并购重组活动完成后,凡不属于上市
站用直流电源系统运维细则中,蓄电池室温度最高不应超过(____)℃,并应通风良好
中国古代记载物理学知识,其中包括杠杆原理和浮力理论、声学和光学知识的著作是(
出票人在票据正面注明“不得转让”字样的,票据不得转让,其后手再背书转让的,( )
下列情形中,纳税人所支付的增值税不得抵扣进项税额的是()。A.购进燃料所支付的
关于合同生效的说法,正确的有()A、口头合同自受要约人承诺时生效 B、书面合同
最新回复
(
0
)