Eat the marrow and know the taste. Greater Phoenix District raises sales tax

Eat the marrow and know the taste. The Greater Phoenix Area raises sales tax (Alberta Times) Increasing sales tax revenue and stimulate consumers' desire to spend are the recent trends in the Phoenix metropolitan area...

Eat the marrow and know the taste. The Greater Phoenix Area proposes sales tax (Alberta Times) Increasing sales tax revenue and stimulating consumers' desire to spend is an effective way for cities in the Phoenix metropolitan area to escape from the financial difficulties caused by the economic recession. Nearly every metropolitan city saw a significant increase in sales tax revenue during the first eight months of the year. After Phoenix increased its food tax in April 2010, as of September this year, the overall sales tax increased by 16.4%, of which retail taxes increased by 8.6% and taxes from restaurants increased by 11.6%. In Gilbert, retail sales tax revenue from July to September has replaced construction taxes as the largest portion of total sales tax for the first time. Peoria enjoyed solid retail growth as auto sales picked up. After a strong recovery at the end of 2010, the car sales market has picked up. Promising numbers like this also appear in surrounding cities such as Scottsdale, Grande, and Chandler. Mesa is one of the few outliers among large and medium-sized cities across the country. Its tax revenue increased by only 2.2% throughout the day, and its retail tax fell by 2.7%. Sales tax plays a large role in city budgets, with 35% to 5% of municipal budget funds coming from sales tax. The tax increase could help cities with layoffs and service cuts. The holiday season is just around the corner. Consumers are struggling to save money, businesses are trying their best to open customers' wallets, and tax authorities are opening their pockets to wait for the money. It's so exciting.