FYI: Sales Tax Increase

[SmoovC]

Effective April 1, 2009, sales tax rates are as follows: 9.4% for Sno Co, 9.5% for King Co, and 9.3% for Pierce Co.

I guess "now is not the time to raise taxes" meant only during the debate.

So, with the reduction in Federal witholding, let's do the math: I net a whole $416 per year increase as part of the "economic stimulus package."
At the old 8.8% sales tax rate in Pierce Co., I could spend $4727.27 to "stimulate the economy" with my newfound wealth ($416 a year.)
At the new sales tax rate of 9.3%, I can only spend $4473.12 to "stimulate the economy" before that $416 is eaten up.
So, I am decreasing spending by $254.15 per year to "stimulate the economy".

Yes, this is assuming that you would actually increase spending during these times; I was merely looking at it with pure math in mind. The other way to look at it is that with that same $416, you could only spend $380.60 @ 9.3% vs. $382.35 @ 8.8%.

Does this make sense to anyone??

[MrFleming007]

I thought she said "Now isn't the time to discuss raising taxes"?

Either way...

[MADDOG`]

All campaign speeches are lies, Chris. ;-)

[SmoovC]

All campaign speeches are lies, Chris. ;-)

Really Michael?! Wow, I had no idea!

[MADDOG`]

Really Michael?! Wow, I had no idea!

So, so naive...LOL

[BUTWEET]

This is getting soooo political. The end is near! We're all gonna die!!!

[Froggy]

Most of my shopping is done online, so thank you for supporting the governemt here for me.

[legendisdope]

^ yeah most my shoppin is online too but u still gotta go out to the stores sometimes.. this is epic rape right here.. unbelievable.

[ThePlague]

Effective April 1, 2009, sales tax rates are as follows: 9.4% for Sno Co, 9.5% for King Co, and 9.3% for Pierce Co.

I guess "now is not the time to raise taxes" meant only during the debate.

So, with the reduction in Federal witholding, let's do the math: I net a whole $416 per year increase as part of the "economic stimulus package."
At the old 8.8% sales tax rate in Pierce Co., I could spend $4727.27 to "stimulate the economy" with my newfound wealth ($416 a year.)
At the new sales tax rate of 9.3%, I can only spend $4473.12 to "stimulate the economy" before that $416 is eaten up.
So, I am decreasing spending by $254.15 per year to "stimulate the economy".

Yes, this is assuming that you would actually increase spending during these times; I was merely looking at it with pure math in mind. The other way to look at it is that with that same $416, you could only spend $380.60 @ 9.3% vs. $382.35 @ 8.8%.

Does this make sense to anyone??

Im sorry Chris, this is all Japanese to me......LOL....no really what did you just say

[bigdog425]

and to all you smokers out there 10$ a pack is just around the bend!