Wednesday, April 15, 2009

Sales Tax and Metro Mayors

The Denver metro area sales tax revenue for two months in a row shows an 18 percent decline over last year. That includes revenue from construction sales, department stores and big box sales, including Cherry Creek, Park Meadows and auto dealers.

It is strange, indeed, that metro area mayors appear determined to raise sales taxes another $160 million per year for RTD’s latest, and likely inaccurate, projection of the cost for more of the light rail system promised and already receiving a $160 million sales tax hike in 2004.

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