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2. Sales taxes in the United States - Wikipedia

   en.wikipedia.org/wiki/Sales_taxes_in_the_United...

   There was a proposal in New York State to impose a sales tax when a gift card is purchased instead of imposing it when the card is used, but it failed. [10] Most states also exempt bulk sales, such as sales of an entire business. Most states exempt from sales tax goods purchased for use as ingredients or parts in further manufacturing.

3. Tax holiday - Wikipedia

   en.wikipedia.org/wiki/Tax_holiday

   In New York, a statewide sales tax holiday was first enacted by the New York legislature in 1996, enabling the first tax-free week in January 1997. Local governments in New York were given the option of whether or not to participate; most accepted. [6] Since then, the initiative has been adopted by thirteen states.

4. New York State Department of Taxation and Finance - Wikipedia

   en.wikipedia.org/wiki/New_York_State_Department...

   The tax department was formally created on January 1, 1927, but the first signs of the department date to 1859. The original intent was to find a way (a mathematical formula) to distribute tax revenue to individual counties in New York State.

5. Tax exemption - Wikipedia

   en.wikipedia.org/wiki/Tax_exemption

   Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions. Tax-exempt status may provide complete relief from taxes, reduced rates, or tax on only a portion of items.

6. State and local tax deduction - Wikipedia

   en.wikipedia.org/wiki/State_and_local_tax_deduction

   In response to the growing use of state sales taxes, in 1942 Congress made an explicit allowance for a deduction of state and local retail sales taxes. [ 17 ] The introduction of the standard deduction in 1944 limited the scope of the state and local tax deduction, as well as all other itemized deductions (taxpayers who choose to use the ...

7. Sales tax - Wikipedia

   en.wikipedia.org/wiki/Sales_tax

   Wholesale sales tax, a tax on sales of wholesale of tangible personal property when in a form packaged and labeled ready for shipment or delivery to final users and consumers; Retail sales tax, a tax on sales of retail of tangible personal property to final consumers and industrial users [3] Gross receipts taxes, levied on all sales of a ...

8. 41 States That Won’t Tax Social Security Benefits in 2025 - AOL

   www.aol.com/news/41-states-won-t-tax-120052301.html

   New York. North Carolina. ... on their state income tax returns since tax year 2022. For 2025, that full exemption will expand to include those ages 55 to 64 with an adjusted gross income equal to ...

9. Tax policy and economic inequality in the United States

   en.wikipedia.org/wiki/Tax_policy_and_economic...

   For example, in New York City, consumers pay a combined state and city sales tax, but in other areas of the state, the rate could be lower since there are no local taxes. Sales tax exemptions are a key feature of the system, aimed at reducing the tax burden on essential goods and services.