Wednesday, September 1, 2010

The Hidden Costs to Charities Just Keep Rising

A recent study commissioned by the National Business Travel Association says that travelers pay up to $101 in sales, hotel, rental car and other extra taxes aimed at them on an average three-day domestic trip.

Since many nonprofits have significant travel budgets, taxes that target travelers are understandably concerning.

The study found that a typical business traveler pays $101.27 in taxes on average for hotel, rental car and meals during a three-day, two-night stay in Chicago—more than in any other city. And travelers pay more than $85 in similar taxes during the same length of stay in Seattle, Minneapolis, New York and Boston.

As states and local municipalities continue to struggle to balance budgets, taxes on travelers will undoubtedly continue to rise—impacting nonprofit and other travelers.