Monday, June 25, 2007

Tax Increases

On July 1, the gross receipts tax rate will increase in seven counties, 16 municipalities and ten other entities including five pueblos and three airports. This informationi comes on the front of your new CRS-1 filer's kit.
I didn't know airports could do their own gross receipts tax. But then tax increase inventiveness never stops. This was brought home recently when renting a car in Tucson. Part of the bill was $3.50 to subsidize spring training for major league baseball.
During the 2007 legislature, the administration did break its pattern and actually cut taxes on a net basis. For the previous four years, taxes had been increased more than they had been cut.

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