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NE Sales Tax holiday-are they kidding?!

Posted by salestax on March 7, 2008

I don’t really see this going through and if it does, shame on the business community in Nebraska. 

The state of Nebraska wants to allow a sales tax holiday for back-to-school shopping.  Hooray!  But, what?  Not all stores have to participate, and those that do, have to remit the amount of tax they “would have” collected to the state anyway?  So, who wins here?  Customers will save sales tax on their purchases, good… businesses will have to eat the sales tax, bad… the state still gets their money…boo!  Do they not think that the businesses will cover this expense…raise the price of pencils by 5.5% percent to cover the tax.  Or, hey, why not raise it by 10% to cover the cost of tracking and remitting the tax that wasn’t charged, but has to be paid. 

Another bright idea by legislatures… If this goes through… I give up.

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One Response to “NE Sales Tax holiday-are they kidding?!”

  1. […] NE Sales Tax holiday-are they kidding?! The state of Nebraska wants to allow a sales tax holiday for back-to-school shopping…. […]

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