Quote:
Originally Posted by wong21fr
I'm thinking about the competition between the different local municipalities in pursuit of sales tax dollars. It looks like Nashville, being a larger player in their metro, has more leverage in increasing sales tax rates versus Denver. And yes, I am assuming that both Denver and Nashville are net sales tax gainers due to being cultural and entertainment centers for both metros. But, I think that Denver's being the center doesn't carry as much weight as in Nashville. A sales tax increase of a .5% would have far more impact, negatively, and is thus a lot less attractive of a funding mechanism than in Nashville.
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Close enough except for the sales tax amounts. Since Nashville residents already pay 9.25% sales tax a half-cent increase takes them to 9.75%. A half-cent increase for Denver residents takes them to 8.15%. How is that a heavier lift than Nashville?
