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Pioneer Institute Makes Recommendations for Hospitality, Retail Businesses

Dated Aug. 3, 2020

Citations: No. 210

SUMMARY BY TAX ANALYSTS

The Pioneer Institute published a guide to economic recovery from COVID-19 for the retail and hospitality sectors, recommending the suspension or reduction of state room and/or car rental taxes; an investigation of the costs and benefits of suspending the federal employer-side payroll tax; and an exploration of the effectiveness of an extended state sales tax holiday for stimulating long-term economic growth.

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