Inflation has bee a hot topic the last few weeks and I expect it to continue. While inflation persists there was an observation of “record” sales tax collections. Let’s talk about this in some broader terms.
Inflation is messy (radio preview)
What about a gas tax holiday?
On the subject of gas prices there is a very direct action possible by government that is not getting any real attention: a temporary tax holiday.
Sales Tax Collections in Fargo and Grand Forks
There are some interesting aspects to the sales tax collections between Fargo and Grand Forks. Not many answers in this post, but some observations and questions.
Changes in County Taxable Sales and Purchases
North Dakota counties saw sizable changes in taxable sales and purchases when you compare Q1 of 2021 with Q1 of 2020.
Grand Forks Sales Tax Data
I get asked about sales tax outlook for the city so I took a look at the recent data. It points to a generally good picture with some concerns out there still.