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The measure also provides for an increase in the state sales tax by 0.25 percent over four years (from January 1, 2013 through December 31, 2016). The sales tax increase expired as planned at the end of 2016. The higher income tax rates were extended for 12 years through the end of 2030 with the passage of Proposition 55 in 2016.
Connecticut has a 6.35% sales tax, raised from 6 percent effective July 1, 2011, 6.25% to the state, 0% to the county and 0.1% to the city/town. Most non-prepared food products are exempt, as are prescription medications, all internet services, all magazine and newspaper subscriptions, and textbooks (for college students only).
The Illinois Fair Tax was a proposed amendment to the Illinois state constitution that would have effectively changed the state income tax system from a flat tax to a graduated income tax. The proposal, formally titled the "Allow for Graduated Income Tax Amendment", appeared on the ballot in the November 3, 2020 election in Illinois as a ...
June 26, 2024 at 4:33 AM. The elimination of the grocery tax in Illinois is forcing municipal leaders across the state to consider a new local tax or be out millions of dollars. A 1% tax on ...
As a result of Stroger's bill, on July 1 the County sales tax increased from 0.75 percent to 1.75 percent bringing Chicago's overall sales tax to 10.25 percent, which was the highest of any major U.S. city, while the sales tax was a minimum of 8.75 percent in suburban Cook County.
The tax has averaged about $13 million annually for District 186 facility construction and upgrades which have changed Springfield's landscape Five years after sales tax hike, district, county ...
Measure A would raise sales tax in all of Sacramento County by one-half of 1 percent for 40 years, generating about $212.5 million annually for roads and public transportation. The concept was ...
A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point of purchase. When a tax on goods or services is paid to a governing body directly by a consumer, it is usually called a use tax. Often laws provide for the exemption ...