sales tax

Several states are currently weighing plans to phase out state income tax; the aftermath of similar policies in other states suggests that these initiatives could carry a very high price for some of the country's poorest citizens.

On Dec. 10, Amazon offered a special deal to shoppers who used its smartphone app in brick-and-mortar stores: Scan certain items, and the Web retailer would give them an extra 5% off. Critics cried foul. In one tactless move, has Amazon cast itself as the new mom-and-pop business killer?

They say good things come to those who wait. They also say he who hesitates is lost. But when it comes to half a dozen juicy tax breaks, it's the second "they" you should listen to, because he who waits until Jan. 1, 2012, to take advantage of them will be out of luck.

From Herman Cain's 9-9-9 plan to Ron Paul's proposal to nix the income tax, the GOP presidential candidates have floated a range of ideas for jump-starting the U.S. economy. But will any of them jump-start your home's economics?

On Thursday, GOP presidential candidate Michele Bachmann may have inadvertently made one of the boldest moves of the 2012 primary campaign. Speaking on Fox News, the Minnesota congresswoman stated that she wants to adopt Ronald Reagan's tax plan, a rate structure that's much higher than current tax rates.

As states grapple with huge budget deficits, some of them are eliminating sales taxes for back-to-school shoppers. But are sales tax holidays really a good value for consumers? Experts discuss the true costs of the programs and some of the alternatives.

Walgreen drugstore chain is buying Drugstore.com for $409 million. That's nearly 102% more than the company is valued at, but the move lets the traditional retailer gain a foothold on the Internet that it's been unable to do on its own. "Drugstore.com significantly accelerates our multi-channel...

If you feel like the cost of everything is more expensive at the register these days, it's not your imagination. Even when the cost of goods and services has remained relatively flat, the associated sales and use taxes have continued to climb. Data released recently from Vertex, a privately-held...

It's no surprise that brick-and-mortar retailers continue to complain about the advantage that Internet vendors have: Not needing to collect sales tax in states where they aren't physically present. However, for Amazon that advantage is even greater, as it has managed to beat the sales tax in...

Online retail giant Amazon.com has filed suit against the state of Texas, demanding it produce an audit that serves as the basis for its demand for $269 million in uncollected sales taxes. The state demanded the money in September, but has withheld the report from Amazon.