Sunday, November 29, 2015

Yes It Is Going Up on Tuesday

      Got confirmation from Phil over at BJ's Tavern that the 8% sales tax does take effect Tuesday. In our business, it's just one more expense to absorb, as tax is inclusive in the price charged.  That means a $3.00 Budweiser that currently sells for $2.78.4  will now sell for $2.77.7 a bottle.
       For others it's a matter of keystrokes on a register or computer to change the rate, and consumer won't notice paying more.
        I've never read anything about the change or an analysis on the revenues it will generate for each political subdivision that has a stake in it. I think there are 39 of them.
            That's why all the town, village and yes, city officials never talked much this year as they know the extra money will make decisions easier for a couple years.  When I convinced our Council to use the money next year to pay cash for a new pumper truck rather than pay bond lawyers to borrow, it never even got covered, as talking too much about that isn't what fit this year's narrative.
           I do expect a flat city tax levy for at least two years  as a result of this.
          

7 comments:

Anonymous said...

OK Mayor. If you are willing to absorb the extra quarter point, who's the idiot?. It's you, and maybe that's why people turned to a businessman for mayor.

Anonymous said...

Buzz off 1211. The Mayor has been in business long enough to know margins and how much he can absorb.

As for giving credit where credit is due, we can thank our extremely diligent board of retired RINO's... erm... I mean legislators. They really know how to take care of the taxpayers. Just keep on raising our rates!

Anonymous said...

Jeff's not an idiot. He is in a business that is price sensitive and people won't pay more.

Anonymous said...

Don't worry, people will buy their booze, cigs and lotto fix no matter how poor the economy.

Anonymous said...

2:11 has a great point. Apparently you are supposed to raise the price of the beer to $3.01 and put ten thousand pennies all over your bar every night.

Anonymous said...

211.. The only businessman who one in that election was the one that bought and paid for Butler. It wont take long for a moron like you to find that out. The only problem is the entire city will suffer not only the idiots that voted for him

Anonymous said...

Maybe if you raised your price $.25 people would start to vote against these taxes.
Also, why didn't these idiot rinos just start charging sales tax on clothing again? There's at 1000% markup on that crap so retailers could easily absorb it.