US EditionRepublican push to increase sales taxes would fall hardest on lower-income residents
Republican-led states like South Dakota and Missouri raise or broaden sales taxes, shifting more costs to lower- and middle-income residents, advocates say this impacts everyday spending.
- A ballot measure approved by the Missouri House last week asks voters to replace income taxes with sales taxes, in line with a trend among Republican-led states to fund services through consumption taxes.
- Under new laws, South Dakota will raise sales tax rates to 4.99% to end a temporary tax cut from 2023, boosting revenue.
- Critics argue these moves shift the financial burden onto lower- and middle-income residents, as Aidan Davis, state policy director, explains.
- Opposing the bill, Rep. Yolanda Young argued last week that eliminating income tax shifts the burden to working families and taxes services like haircuts and plumbing.
- Following efforts to abolish property taxes, Florida, Ohio, and Oklahoma may be forced to consider increased sales taxes, advocates say.
16 Articles
16 Articles
Hanford Sentinel
Republican push to increase sales taxes would fall hardest on lower-income residents
There’s no doubt that raising sales taxes in order to lower property taxes will shift more of South Dakota’s tax burden to lower-income residents, Republican Senate Majority Leader Jim Mehlhaff said. “It is regressive,” he said. “There’s no denying that.”…
Stateline: Republican Push To Increase Sales Taxes Would Fall Hardest on Lower-Income Residents
Lawmakers consider increasing sales taxes to offset budget cuts to property or income taxes. This will force lower- and middle-income residents, who spend a larger share of their earnings than the wealthy, to foot more of the bill for state services.
Missouri Independent
Muddy River NewsMissouri among Republican-led states shifting tax burden toward sales taxes
Open the article to view the coverage from Missouri Independent
Republicans’ push to increase sales taxes would fall hardest on lower-income residents
(Stateline News) – There’s no doubt that raising sales taxes in order to lower property taxes will shift more of South Dakota’s tax burden to lower-income residents, Republican Senate Majority Leader Jim Mehlhaff said. “It is regressive,” he said. “There’s no denying that.” But Mehlhaff said the state’s modest sales tax increase will bring a […] The post Republicans’ push to increase sales taxes would fall hardest on lower-income residents appea…
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