Nice link. mitch
----- Original Message ----- From: Arthur Woolf <[EMAIL PROTECTED]> Date: Tuesday, October 22, 2002 8:19 am Subject: Re: VA sales tax question > I've got a non-technical paper on this issue. I looked at the > Vermont/New > Hampshire border. Until Vermont implemented a sales tax in 1969, > per > capita retail sales in the counties bordering the Connecticut > River in > Vermont and New Hamsphire were identical. Since then the Vermont > sales tax > has gone from 3% to 5%. New Hampshire's is 0%. Today, per capita > retail > sales are 60% higher on the NH side compared to the VT side. The > paper can > be accessed at http://www.vteconomy.com/Border.pdf > > > Art Woolf > > > > At 09:44 PM 10/21/02 -0400, you wrote: > >I didn't ask my question very clearly. Sure, a sales tax shifts > >purchases. They want to raise 2 billion in Northern Virginia. That > >has to come from somewhere. And there will be leakage -- some people > >will be more inclined to buy off the net or in DE which has no sales > >tax. > > > >But, where will the money come from? Will people buy less each week? > >Will randomly select items to strike from their purchases? Or will > >they have difficulty at the end of the month. > > > >Again, I'm sorry that my question wasn't clear. > > > >mitch > > > > > > > > ****************************************************** > Arthur G. Woolf, Ph.D. > Associate Professor Economics > President, Vermont Council on Economic Education > www.bsad.uvm.edu/vcee339 Old Mill > University of Vermont > Burlington, VT 05405 > (802) 656-0190 or (802) 656-4711 > fax: (802) 656-8405 > [EMAIL PROTECTED] > > >
