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Letter: Questions budget assumptions for alcohol tax

Mike Ellis writes:
Ed, I would like to ask a question about the budget that was referred to in a article written which I have copied below. [Note: we've provided the link to the original article, instead. --editor]

A member of the PAC said that if the Police budget was $500,000, and we had enough sales to receive $500,000 in tax money how helpful it would be, but at a 4% tax rate for alcohol sales, would we not have to sell about $12.5 MILLION dollars a year to receive that much tax dollars from alcohol sales? I really can't imagine taking that much money from Adair Co. economy, that breaks down to sales over a MILLION a month. Its hard to imagine that amount of money spent on alcohol.

What concerns me is Kids going without, families going without, local merchants losing out, as I see it the only winners will be the alcohol stores' owners. Thank you. --Mike Ellis
Comments re: Shannon Sexton: Clarifying the use of alcohol tax revenue




This story was posted on 2016-01-27 06:32:36
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