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17
$1.6 billion: That’s how much less consumers spent on taxable purchases in Cuyahoga County from December 2008 through September 2009 compared with the same period a year earlier….
11 percent: The decline in Cuyahoga County purchases, which translated to $16 million less in sales tax money for the Greater Cleveland Regional Transit Authority and $19 million less for Cuyahoga County government for the time period.
100 percent: All seven Greater Cleveland counties experienced a decline in taxable purchases…
$1.1 billion: The amount of sales tax money collected for Ohio’s 88 county governments through the first 10 months of 2009, down from $1.2 billion during the same period a year earlier. This, although six counties raised their sales tax rates in 2009.2005: The last time sales tax revenue was lower….
It simply won’t work to eliminate Ohio’s income tax, over any number of years, and believe that sales taxes could fill any size hole that would be deemed the minimum necessary to plug. People aren’t buying, stuff isn’t being sold and releasing people from their state income tax burden is not going to change that behavior because people are so in debt. If people had the money, wouldn’t we be wanting them to pay their mortgages and credit cards and auto loans and eveything else that they’re not paying for right now before they go into bankruptcy?
By Jill Miller Zimon at 10:49 am January 17th, 2010 in Campaigning, Elections, Government, Ohio, Politics, Republicans, Taxes, Ted Strickland, Voting
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