Knoxville wants to increase its sales tax. The proposal exempts groceries, and Tennessee already doesn't put a sales tax on ...

Ward Williams is a full-time Editor for Investopedia focused on student loans and other financial products and services. He has over five years of professional editing, proofreading, and writing ...

Tennessee's third-largest city could not meet more than $70 million in infrastructure requests, so the mayor is proposing a ...

Currently, just 24 states have signed on. Streamlined Sales Tax Governing Board Member State Map The different sales tax rates from state to state, combined with the number of exemptions and ...

And in some cases, not even that: While a majority of states charge income tax and property tax, a handful don't levy sales tax. In some cases, local jurisdictions are allowed to implement their ...

As if prices for goods and services weren’t high enough, most state and local governments also impose a sales tax. Sales tax is a key revenue tool used to ramp up general funds for essential ...

Lake Forest is moving toward adopting its own grocery sales tax, seeking to replace revenue previously collected by the state. Taking a similar action by many other Illinois communities ...

Oklahoma, Kansas and Virginia have all eliminated their state tax on groceries in recent years, and Illinois and Arkansas expect to do the same at the start of next year. With high prices at the ...