The New York State Legislature Has Fully Restored Its Clothing Tax.

The New York state legislature passed the final part of the annual budget by increasing taxes and resumption of gambling. Clothing tax And so on, for the state government to find a 1 billion yuan income, a total of 9 billion 200 million yuan to make up for the deficit.

The new budget stipulates that from October 1st this year, all prices will be Clothing and shoes They all need to be taxed, which is estimated to generate 330 million yuan of revenue for the government. The current rule is to levy taxes on clothing and shoes (each or each pair) for more than 110 yuan.

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 and other places to buy clothes.

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 each piece / pair of clothing and shoes with a price of more than 110 yuan will be 8.875%.