April 5, 2010

NBC 12: Proposed state budget cuts dealer discount

The proposed state budget on Governor McDonnell’s desk cuts the dealer discount.┬áThe dealer discount is a small percent of the state sales tax that retailers get to keep to cover their expenses in collecting and accounting for the tax. It varies depending on their amount of sales. James Hatcher, president of Pleasants Harware, speaks with Heather Sullivan of NBC12 about the implications of the proposed state budget.

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