Welcome to Sales Taxes Guide
Sales Taxes Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
You may also listen to this article by using the following controls.
Creating Natural Disaster Relief Funds from State Sales Taxes
from:When there is a natural disaster in your state or those surrounding you, we always hear that no one has money to help the victims without the aid of the citizens. In reality, there are ways individual states have not even considered. One of those ways is creating natural disaster relief funds from state sales taxes. Since this fund is likely to be one of the largest funds because of its fluctuating nature, usually in an upward motion, it is the most likely of all state sources to be able to handle the financial burden of creating natural disaster relief funds from state sales taxes. These sources are less volatile than other funding sources because people always need to buy products and services, some of which they cannot eliminate no matter how low their funds are. For example, many states exempt foods you buy in the grocery store, but not all exempt the purchase of clothing and prescriptions. Thus, in many states, there is room for quite a hefty deposit in natural disaster relief funds from state sales taxes.
What about states that do not have a state sales tax? Since this only involves six states, it's obvious to see that the other 44 states can handle the funding, though some states may want to consider instigating a special states sales tax for the purpose of helping their neighbors with natural disaster relief funds from state sales taxes. Often times, even if citizens are opposed to a new tax, they will be receptive if they know it is for a good cause, and creating natural disaster relief funds from state sales taxes certainly fits into that category. Of course, you will need to gain their support and convince them that the tax is a temporary measure and stay with it or you will find the citizens opposing you at some later date.
Is it really feasible to use monies from state sales taxes to fund a natural disaster relief fund? Keep in mind that unlike other services the state may need to provide, disaster relief is not ongoing. It's something that you will want to have available to help your citizens, and on a lesser scale, helping those in other states as the need arises. Because it is for the most part a limited term need, it's quite feasible to utilize some of all of the funds from state sales taxes to funds such a necessary program. Creating natural disaster relief funds from states sales taxes is one of the most humanitarian efforts one state can do for another one.
Related Articles for Sales Taxes
Sales Taxes Specific Links
Watch Funny Videos!
- Click here to see funny videos, pictures, jokes, commercials, and more funny stuff from Comedy.com.
-- http://www.comedy.com/
Sales Taxes News
State sales tax growth worst in 50 years - Knoxville News Sentinel
NASHVILLE — Tennessee set its worst sales tax growth rate in almost 50 years, according to preliminary monthly revenue figures released Wednesday. The early look at sales tax collections shows tax revenue shrank by 7.7 percent to $560 million in ...
Read more...BUSINESS IN BRIEF - Patriot Ledger
BOSTON – The state’s tax collections fell again in November, dropping by some 4.5 percent from the same time a year ago. The state Department of Revenue said the drop to $1.26 billion was bigger than its analysts expected, largely because of the ...
Read more...Businesses can pay sales taxes via Internet - Baton Rouge Advocate
Louisiana revenue officials say a new program that lets people pay state and local sales taxes from their computers has already collected more than $50 million in its first two months of operation. The Web-based program called "Parish E-File" lets a ...
Read more...'Uncharted territory': Minnesota $5.2 billion into the red - Republican-Eagle
Minnesota's two-year budget is $34 billion. Most of the problem is from lower-than-expected revenue, State Finance Commissioner Tom Hanson said. Two figures point out the problem: State revenues, such as taxes, are expected to drop 1.8 percent in the ...
Read more...Jobs Classifieds Real Estate Rentals Autos - Cedar Rapids Gazette
CEDAR RAPIDS - Council member Justin Shields last night urged his colleagues to back an emergency local-option sales tax of 2 percent for two years to fund emergency help for flood victims. Tom Podzimek, Monica Vernon, Jerry McGrane and Chuck Wieneke ...
Read more...






