NECN covers Question #3 in light of Sales Tax Holiday
From NECN:
Saturday is the start of a sales tax holiday in Massachusetts.
Shoppers are expected to make millions of dollars in tax-free purchases this weekend.
The Massachusetts Retailers Association says stores are expected to see about five times the business of a normal August weekend, meaning hundreds of millions in added revenue.
With each item up to $2,500 tax exempt, retailers expect to move a large amount of stock consumers have been saving up to buy – like appliances, furniture and home improvement supplies.
Even liquor stores anticipate a boost in business, just a year after the state first slapped them with the added tax.
NECN reporter Tom Langford is at the North Shore Mall in Peabody and has more on the story.
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Can’t these ballot initiatives get repealed by the legislature? What’s the use?
Vote “YES” on question 3. . .
http://www.statemaster.com/graph/eco_sta_tax_lev_rev_per_cap-tax-levels-revenue-per-capita
Passage of Question 3 would place MA in second or third place from the top of the list in the link. Today we are in first place among the 50 states.
Not much of a change, and there would still be ample money to do what’s necessary on Beacon Hill. . ., but also some more in your wallet