What "Recession (Depression)?"
Governments everywhere are raising property and sales taxes to satisfy theirs and corporations' need to increase revenues and profits while citizens scrape by with job uncertainties- reduced income and rising prices for virtually everything.
Rant over ... now the City of Independence is set to again raise the sales taxes around both the new Events Center and the Independence shopping center area in order to pay off bonds that built the former.
The area is called a "Community Improvement District (CID)" and the "existing 0.5-percent CID sales tax" is apparently not enough during this "recession" that reportedly ended 2 years ago to pay off the bonds issued to build the Events Center.
So the area establishment recently voted to tack-on and ADDITIONAL quarter-cent sales tax to what patrons of businesses in that area are already paying- according to the story in the INDEPENDENCE-BLUE SPRINGS-GRAIN VALLEY EXAMINER.
The new sales tax increase is said to take effect in a year.
I noticed The EXAMINER's story didn't bother to mention just how much in total the new sales taxes would be (10%?)- but I'm sure they didn't want to scare even more shoppers away from that heavily-taxpayer-subsidized shopping/entertainment area.
1 comment:
Many years ago I made a pact with myself to make sure I spent zero dollars in Independence and so far I have done a good job and can see I have a reason to still not spend any money there.
Sorry all you business owners over there but you have no one to blame but yourselves.
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