Reduced sales tax rates in urban enterprise zones
The majority of states now have Urban Enterprise Zones (UEZ), designated areas that offer reduced sales tax rates and other incentives to encourage growth and development, usually after economic hardship. For instance, the New Jersey sales tax rate is 6.625 percent statewide, but businesses in one of the state’s 32 UEZs are allowed to charge half that — just 3.3125 percent.
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2 thoughts on “Things You Might Not Get Right About Sales Tax”
We do pay too much on taxes,and the rich do not pay their fair share.
We do pay too much on taxes,and the rich do not pay their fair share.but we still pay less then other nations