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Should it stay or should it go?. By: Kayla Palm. Should a tax be put on to clothing in Minnesota?. Minnesota is one of only a few states that does not have tax on clothing. With that said, state tax, and tax on other goods, is higher in Minnesota than most other states.
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Should it stay or should it go? By: Kayla Palm
Should a tax be put on to clothing in Minnesota? • Minnesota is one of only a few states that does not have tax on clothing. • With that said, state tax, and tax on other goods, is higher in Minnesota than most other states. http://www.minnpost.com/politics-policy/2012/12/expanding-sales-tax-clothing-and-services-tempts-dayton
The proposal • Dayton made a proposal to tax clothing, but only on clothing items priced at $100 and above. • Clothing includes: ; shoes, shirts, pants, shorts, socks, undergarments, hats, dresses, pajamas, diapers, jackets, and belts. http://www.southernminn.com/st_peter_herald/news/article_5cbccc17-d165-5a02-ad8c-13150d9407c8.html?mode=image&photo=0
Pro’s vs. Con’s • Pros • Government could come out of debt • State taxes lower • The tax would only be on items over $100, which would not affect every person. • Cons • Smaller businesses may go out of business. • Lose customers and tourists • Revenue loss
Example • Glitz • Prom dress store in the Mall of America • Almost every dress is priced over $100 • Tourist Attraction • Buyers come from states with taxes imposed • People shop here for not only the experience, but also for clothing without tax. http://blog.mallofamerica.com/tags/glitz/ http://www3.hilton.com/en/hotels/minnesota/hilton-minneapolis-st-paul-airport-mall-of-america-MSPAHHF/offers/100029276.htm
Mediation • I think that we should impose the tax so that the government can make more money and try to pull itself out of its current deficit. • As long as the money is being used to help the state of Minnesota and help lower taxes in other places it is a good thing. http://www.tcdailyplanet.net/sites/tcdailyplanet.net/files/imagecache/full/13/22/mct_state_capitol_smaller.jpg
Works cited • Lee, Jessica. “Retailers react to sales- tax plan.” Minnesota Daily. Minnesota Daily, Web., 13 January. 2013. Web. 29 March. 2013. • Tax-Rates.org – The 2013 Tax Resource. Web. N.D. Retrieved 29 March. 2013. • Kimball, Joe. “Rochester retailers also fear extending Minnesota sales tax to clothing.” MinnPost. MinnPost. 17 January. 2013 Web., 29 March. 2013 • Tundel, Nikki. Gov. Mark Dayton at the State Capitol in St. Paul, Minn. 8 Dec. 2010. State Capitol, St. Paul, Minnesota. MPR News. Photograph. Web. 7 April 2013. • Lee & Belz. “Clothing sales tax has uncertain price.” Star Tribune: State +Local” N.p.Newspaper Article. 17 Feb. 2013. Web. 7 April 2013. • “Dayton: Add Minn. Sales Tax To Some Clothes, Services.” CBS Minnesota. WCCO. N.p. Newspaper Article. 22 January 2013. Web. 7 April 2013. • Lee, Jessica. “Retailers react to sales-tax plan.” Minnesota Daily. N.p. Newspaper Article. 28 January 2013. Web. 7 April 2013. • “Dayton Tax Proposal Continues to Stun” NFIB: The Voice of Small Business. (National Federation of Independent Business.) N.p. Mag. Article. N.d. Web. 7 April 2013. • Dornfeld, Steven. “Tax experts, economists say Dayton’s business sales tax is a bad idea.” MinnPost. N.p. Newspaper Article. 18 February 2013. Web. 7 April 2013.