Post news and information from your neighborhood: mailto:[EMAIL PROTECTED] _________________________________________ In a message dated 2/19/2004 3:22:29 AM Eastern Standard Time, [EMAIL PROTECTED] writes:
> Councilmember Thune puts the Mayor on notice that the 3% tax on bars and > restaurants won't fly, but then strikes out by proposing a progressive > downtown payroll tax as an alternative source of cash to > fund the stadium. OK, I'll bite. CEO of Saint Paul Companies has to make at least 3 million a year. 3% tax on him would net $90,000 a year. 5% tax, if it was that progressive, would get you $150,000 a year. I wonder how interested the Chamber will be in a baseball stadium if they had to pay for it? Limit the tax to those making over $75,000 (want to make sure the Mayor's department heads get to pay their fair share) and you tax all of the downtown boosters without taxing the average Joe or Jane. Heck if the 1,000 top paying workers averaged $5,000 (5% on $100,000) contribution you can cover a 5 million dollar a year bond payment. NO PROBLEM. Let the Chamber argue why taxes that pay for baseball stadiums are bad for business. J.M.O.N.T.O.A.O.M.E.P.P.O.F. Chuck Repke _____________________________________________ NEW ADDRESS FOR LIST: [EMAIL PROTECTED] To subscribe, modify subscription, or get your password - visit: http://www.mnforum.org/mailman/listinfo/stpaul Archive Address: http://www.mnforum.org/mailman/private/stpaul/ _____________________________________________ For state and national discussions see: http://e-democracy.org/discuss.html For external forums, see: http://e-democracy.org/mninteract
