Tim Bonham wrote > Sales taxes go to the State, not the City.
Actually the City levies several sales taxes. There is a half cent city-wide sales tax, a 3% downtown food and a 3% downtown liquor tax, a lodging tax which I believe is at 2% and a 3% entertainment tax. All except the entertainment tax go to the Convention Center costs in theory although the reality is that a chunk of it has been bled off to prop up the general fund when property tax revenues have declined. Vicky Heller wrote: > >. . .The attitude that Sean reflects is costing Minneapolis a lot of > >money. Not > >only do big boxes pay hefty property taxes, but they also generate lots of > >sales taxes for the City. It is true that these retailers do pay property taxes although the amount that they pay has dropped quite dramatically over the last five years due to the legislature. This shift is part of the reason why property taxes for the average individual have been going up. And although they do pay sales taxes, a retailer like Best Buy would be a drop in the bucket when you look at other companies in the city. There is a fairly small number of businesses that pay the majority of the sales taxes. Carol Becker Longfellow REMINDERS: 1. Think a member has violated the rules? Email the list manager at [EMAIL PROTECTED] before continuing it on the list. 2. Don't feed the troll! Ignore obvious flame-bait. For state and national discussions see: http://e-democracy.org/discuss.html For external forums, see: http://e-democracy.org/mninteract ________________________________ Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:[EMAIL PROTECTED] Subscribe, Un-subscribe, etc. at: http://e-democracy.org/mpls
