Currently the state of Maryland is on a tax holiday week, hoping to get people out shopping and spending. (Don't go nuts; I think it's only for clothing and "accessories" less than $100.) I feel very ambivalent about the tax holiday. I recognize that it's supposed to give the economy a boost, get people out to spend money at local businesses, etc, and I certainly wish our local businesses the best of luck.
However, I'm torn, because I actually want to pay my sales tax. I think it's needed. I mean, look around. The state, although doing pretty well compared to other states in the nation, is still in debt and facing budget shortfalls, and social services are being threatened with cuts. I, on the other hand, have the great good fortune of being debt-free (discounting my mortgage), and I absolutely do not mind paying my 6% share of sales tax. I want to help the state government along, in order that they may build roads, fund schools, pay pensions. I like this state. I want to do what I can.
I realize that I'm quite the exception and that for many people, the 6% savings can make a significant difference. I wonder if the tax holiday can be optional? Maybe they can give you a form with boxes to check: "yes, I would like to pay the sales tax / no thanks, I'm on holiday".
Oh well, whatever. It's only for a week. I can wait a few days to do my shopping.
However, I'm torn, because I actually want to pay my sales tax. I think it's needed. I mean, look around. The state, although doing pretty well compared to other states in the nation, is still in debt and facing budget shortfalls, and social services are being threatened with cuts. I, on the other hand, have the great good fortune of being debt-free (discounting my mortgage), and I absolutely do not mind paying my 6% share of sales tax. I want to help the state government along, in order that they may build roads, fund schools, pay pensions. I like this state. I want to do what I can.
I realize that I'm quite the exception and that for many people, the 6% savings can make a significant difference. I wonder if the tax holiday can be optional? Maybe they can give you a form with boxes to check: "yes, I would like to pay the sales tax / no thanks, I'm on holiday".
Oh well, whatever. It's only for a week. I can wait a few days to do my shopping.