I think you should send it back. Increased costs lead to increases in price which in turn leads to a decrease in quantity demanded for a given market. Of course, the renters don't pay the tax "directly", it's an indirect cost to them. Rents go up and they pay the rent.. There is no way to argue a meals tax is not regressive. |
| There's no way to argue with that pp (or op?) period. Their skull is so thick and they have a comeback for anything you say, not that any of it makes sense. I hate to say it, but pp or op just isn't very smart. |
Oh, you're very clever, aren't you? What does sickness have to do with taxes? Nothing. |
Well it did suck. My mom worked all the time, so I never saw her because she was never home. And the reason there was never any money is because I had two older brothers, so she was a single mother of three kids. We also didn't live in this area, I only moved here as an adult. I grew up 300 miles away in a different state. |
| Short-term, this might hurt poor people a little more than rich people. But long-term, great public schools are the ONLY way to break a cycle of poverty. I'm voting yes. |
Never said the meals tax isn't regressive - it most certainly is. All I'm saying is that increased costs are not ALWAYS passed on to the consumer, and that the market consists of more variables than cost alone. Can increased costs have an effect on the price a consumer pays? Absolutely, but markets are more complicated than that and other variables can, and often do, come into play. Real world economics is not as simple as you make it out to be. |
| Where has Arlington said their meals tax hurts the poor people more than the rich? |
| Fairfax County's 2014 report on the meals tax says according to the Bureau of Labor Statistics Consumer Expenditure Survey, higher-income households tend to spend a larger share of their food budget on eating out. |
Of course they do. They have a larger spendable budget. But, we are talking proportion. It will hurt some people who will cut back on eating out--but the far greater risk is to the businesses who may close as a result. And, to the waiters whose tips will be less. They are the ones who will be most hurt. |
Richmond actually saw an increase in people dining out when they instituted their meals tax. |
|
In theory, a meals tax would pernanently reduce the real estate tax rate by three or four cents. It's a self imposed tax that is optional, unlike property tax. It stays in the jurisdiction in which it is collected. And it is one of the few, perhaps the only, taxes that the General Assembly authorizes the county to levy. Also, a meals tax has the visitors from outside the county contributing. We would also be getting diversified taxation bringing the real estate tax rate more in line with neighboring counties.
|
| Let's tax everything. In Maryland they tax you for flushing the toilet. They even tax homeowners when it rains. How about a sneeze tax? A fart tax would be great. |
Why should personal property be the main source of revenue? |
But that's not the proposal. This is an additional tax. They'll just spend every penny of it and claim they need more. We've seen this movie before. |
You don't know that. It could very well be the proposal. They do talk about diversifying taxes, so the real estate tax rate should go down next year if they mean what they say. |