Have you been placing major purchases like appliances, cars, or even clothes or accessories for your home on the back burner?
Now is the time to consider buying those items!! Indiana has enjoyed a comfortable 6% sales tax for the past several years, but that is all about to change......
In an attempt to offset the difference from capping property taxes through the state of Indiana, they agreed to raise our sales tax to 7% beginning on April 1, 2008. I think it's unfair that they are beginning the new sales tax effective almost immediately, however, homeowners have to wait nearly two years to feel the relief on their property taxes. St. Joseph and Lake Counties in Indiana got the short end of the stick. These two counties, AND ONLY these two counties, are exempt from the property tax cap. Yet they are also required to pay increased sales tax.... hmmm.......
So hurry out and buy those things now, to avoid to paying more in the end!
HAPPY SHOPPING!!!!