Cross-border Shopping in the Northeast
This article from the Boston Herald today provides an interesting look at the issue of cross-border shopping in the Northeast . . . but, of course, with a focus on the issue between Massachusetts and New Hampshire.
Remarkably, Massachusetts wants to increase their sales by 25 percent to 6.25 percent from 5 percent. With a sales tax rate that high, even Maine can now get on the positive side of cross-border shopping from increased purchases by Massachusetts tourists–assuming they don’t do all of their shopping in New Hampshire before they get here or on their way home.