Are Raising Sales Taxes A Solution For Everything?
Why do governments rely on the sales tax for big projects, like the medical research proposal in Jackson County?
And how fat can the sales tax get before shoppers stop buying?
In the second half of Tuesday's Up to Date, Steve Kraske talks with two experts about sales taxes, what makes up the total sales tax you see on a receipt, and why governments have turned to sales taxes for raising funds when revenue is down.
- Jeff Pinkerton is a senior researcher at the Mid-America Regional Council
- Joseph Henchman is vice president of legal & state projects for the Tax Foundation, a non-partisan tax research group based in Washington, D.C.