0:43
180:06 - 180:50
“I wanted 5%, I actually wanted very little tax, but the numbers that we were provided by Cheyenne basically show that we would need about a 6.5 to 7% sales tax to reach the same $130 million.”
- Speaker
- Unidentified speaker
- Timestamp
- 180:06 – 180:50
- Community
- Alaska News
- Location
- Mat-Su Borough
- Captured at
From the transcript
The other, the other big thing is, you know, this, this idea of stacking taxes. I had a problem with that in our meetings. I wanted 5%, I actually wanted very little tax, but the numbers that we were provided by Cheyenne basically show that we would need about a 6.5 to 7% sales tax to reach the same $130 million. The latest information that I saw in Ms. Nauer's ordinance at 1% equates to about $22 million actually lowers that number to, um, 6%, 5.5%, 6%. So before I move further, I'd like to amend my ordinance.
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Mat-Su Says No to Swapping Property Tax for Sales Tax
Mat-Su weighed trading its property tax for a 6.5% sales tax — same money, different payers — and decided renters, shoppers, and an untested legal handcuff made it a bad bet for the ballot.
