2 Comments

1. 

   Steve Van Maren on December 12, 2019 at 5:55 pm

   Your sales tax credit for low income people is calculated incorrectly.
   I have prepared a spreadsheet were the numbers have shown a different result.
   For a family of 4, the credit does disappear above $76,333, but the credit rate needs to be 1.75%, not .0035% (.000035). I would hope the intent was to credit something close to the food tax rate back to the lower income people. The difference in state taxes is currently 3.1%, so 3.5% would appear close. The 1.75% will allow more credits into a higher income.

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2. 

   Craig Howe on December 12, 2019 at 3:48 pm

   Drop the idea of taxing services. Sales taxes are by far the most sensitive to economic down turns (even more than income tax).

   Leave the Income tax alone and remove the earmark.

   We have acknowledged that our issue is not revenue, but allocation.

   Fix the allocation! Leave the rest alone.

   This has been discussed from the beginning and seemingly has been ignored.

   Reply