Essential reading: Retail sales to hold clues to taxing times, and more

Back during the housing boom, local tax officials were at a loss to explain why sales-tax revenue was outstripping income-tax withholding. We know how that ended, as people ran out of equity to extract from their homes to spend on flat-screen TVs and the like. Continue reading

Essential reading: Retailers fear payroll tax will cut consumer spending, and more

The tax increase’s effect for companies is that the hit is likely to cement a frugal attitude that led consumers to cut back on eating out and shift to less-expensive store brands. Continue reading