Saturday, October 13, 2012

Mayor Graham's View: Jefferson County Reports Strong Sales Tax ...

??? Led by strong auto sales and good summer weather, local sales tax revenues continued to be strong in the quarter ending August 31.?? That keeps the pressure off local governments struggling with ballooning pension costs.? It also means nothing Draconian or even modestly conservative will happen on the expense side of the ledger...at least for now.
??? Next? year with it's latest round of troop deployments will be less robust, but its just hard to project these things with absolute certainty.???? The progressives who hate regressive taxes surely lovs a tax that produces the revenue streams sales tax does.
???? In our lifetime, we have seen a transition in local government from a property tax based system of finance to one in which the property tax covers only one-fifth of what is spent in local governments like Watertown....and an even lower percentage in many towns.
????

Jefferson County Reports Strong Sales Tax Figures | WWNY TV 7 - News, Weather and Sports for | Local News

Source: http://mayorgraham.blogspot.com/2012/10/jefferson-county-reports-strong-sales.html

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