Saturday December 31, 2005
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Transportation Development Districts - A Consumer Rip-off
In case you missed it, the Circuit Court approved the Wal-Mart tax (see previous posts) to benefit the Hawthorne development. Wisely, the local judges didn‘t hear the petition; it was passed on to one of the other judges, from Cass County. She didn‘t have much of a choice in the matter, since the TDD complied with all the requirements of the asinine and unjust law that allows it (can you tell I‘m ticked?). Here‘s what it means: if you go to Wal-Mart to get that hangover cure on January 1st, you‘ll pay an extra 1/2 cent tax on everything you buy. Comparing this to other sales taxes:
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Transportation Development Districts (TDD) - http://www.ded.mo.gov/cd/TDD.htm
A TDD can increase sales taxes by as much as 1%.
Here are two recent stories from the Columbia Missourian about local transportation development districts:
http://columbiamissourian.com/news/story.php?ID=15056
District sales taxes pay for road projects
http://columbiamissourian.com/news/story.php?ID=15054
Tax districts proliferating
TDDs in Columbia currently add one half of one percent to the sales tax rate in their respective development districts.
Posted by Glenn Nielsen on December 31, 2005 at 08:58 PM CST #