Last weekend, Texas had another profitable sales tax holiday. The Tulsa World ran an article that tried to compare a few stores in Tulsa and Oklahoma City offering 10% off, to Texas's wildly successful tool for economic development. They also tired to suggest that gas prices kept people from crossing the border to shop.
Closer to the border, Ada has a different perspective. This is another example of how our legislators in Oklahoma City continue to fail us. Their refusal to pass a sales tax holiday in Oklahoma, despite it's success in other states is ridiculous. During this campaign season, take the time to write your state representatives; tell them to pass a sales tax holiday in Oklahoma.
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Sales Tax Holiday
1 comment:
Although I think a sales tax holiday is a great idea, it is way too short. Like by about 364 days!
The concept of a sales tax holiday recognizes that taxes negatively affect us. In the case of sales taxes, they reduce our buying power (which in turn affects retailers' earning power and employment power).
When you think of how much we are taxed (on what we earn, on what own, on what we buy, on what we save, on what we invest, on what we accumulate, when we die, Social Security, every time we turn around), it is really staggering.
I am all for this holiday and a lot more.
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