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The New York Legislature Passed The Annual Budget &Nbsp; The Resumption Of The Clothing Tax.

2010/8/7 19:11:00 33

Finance

  

The New York state legislature passed the final part of the annual budget. By increasing taxes on the gambling houses and restoring the clothing tax, it also found a 1 billion yuan income for the state government, making up a total of 9 billion 200 million yuan.

finance

Deficit.


The new budget stipulates that from October 1st this year, all prices of clothing and shoes should be taxed, which is estimated to generate 330 million yuan for the government.

The current rule is only 110 yuan or more.

clothes

And shoes (each or every pair) are taxed.


We believe that this may make consumers do not buy clothes in New York. How can the government receive a 330 million yuan tax?


New York also introduced taxes on all clothing many years ago, when consumers went to New Jersey.

Boston

Buy clothes elsewhere.


According to the information of the New York municipal government, New York had imposed a 4.375% sales tax on clothing less than 110 yuan, but it was abolished in April 1, 2006. New York's clothing sales tax was 4%, and it was abolished in September 1, 2005.


At present, the sum of sales tax and use tax for clothes and shoes for each pair / pairs of more than 110 yuan will be 8.875%.

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