No argument that sales tax is a regressive tax (although meds and groceries are exempt). However, the municipalities have reaped huge increases in revenue solely because of the giant rise in valuations. So they get the money and then spend it. It is not like they needed all that extra money. What would they have done if instead of the huge rise in valuations, they stayed the same over the last decade?
No argument that sales tax is a regressive tax (although meds and groceries are exempt). However, the municipalities have reaped huge increases in revenue solely because of the giant rise in valuations. So they get the money and then spend it. It is not like they needed all that extra money. What would they have done if instead of the huge rise in valuations, they stayed the same over the last decade?