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Local sales tax revenue increase driven by online purchases (11/23/2021) - State sales tax revenues dramatically increased in Gloucester and Mathews over the first six months of 2021, but the increase in sales reflected by the larger tax revenues doesn’t represent a sales boom for local merchants. Rather, the primary beneficiaries were internet merchants. First- and second-quarter sales tax revenues in Gloucester and Mathews far outpaced the growth seen in the first two quarters of any other year over the past decade. According to Virginia taxable… …
