U.S. State and Local Sales and Use Taxes: Bad News, Good News and the Smoke From a Distant Fire. Jerusalem Post
Insight July 07, 2015
Thousands of American subnational governmental units (states and localities) impose taxes. These taxes include “sales taxes,” which are imposed on sales to end users of goods and certain services, and “use taxes,” which are imposed on such purchases when sales tax applies but was not collected. Across the US, combined state and local tax rates are about 8 percent of the amount of a ret ail sale.