Erik Reise wrote: > Let's give a sales tax reduction to small art purchases in the central > cities. One idea would be to lower the sales tax rate on sales below > $20.00 to 3%. By lowering the rate we would increase the volume of > transactions reported and subject to tax. This would increase revenue > and bring art's great virtues - Truth and Beauty - to more residents. > LOwer prices will also entice suburban arts consumers to buy more from > urban artisans increasing the state's take on the income tax as more > dollars are subjected to tax a third time. (An art purchase is made by > the buyer with after tax dollars; includes a sales tax; and is then > treated as income to the artist.) > > It's really a no brainer. Lower Sales Tax on art sold in the urban core!
Mark Anderson reply: Well it takes only a small portion of my brain to determine that this is a very bad idea. As the administrator of sales tax collection for my firm, I can tell you that this kind of sales tax rule really complicates the law. We don't need more complicated taxes. If you want money for the arts, it is more honest to just ask for it from various governments rather mucking up the tax laws. Admittedly I'm not in favor of using public money for such a purpose through expenditures either, but using the sales tax to spend the money makes a bad idea very bad. Mark V Anderson Bancroft TEMPORARY REMINDER: 1. Send all posts in plain-text format. 2. Cut as much of the post you're responding to as possible. ________________________________ Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:[EMAIL PROTECTED] Subscribe, Unsubscribe, Digest, and more: http://e-democracy.org/mpls
