The Georgia Tax War on…Girl Scout Cookies?
Okay, I understand that States are having a hard time balancing their budgets, but really taxing Girl Scout cookies? How will taxes of this sort, on non-profit fundraising enterprises, solve budgetary problems especially when corporate tax rates at the same time are being reduced?
Am I missing something here?
Under GOP governors and legislators corporate tax rates are being dropped to historic lows as a means of inter-state competition for industry, kind of like what States did to get major league sports franchises in the hope of dramatically increasing revenues. In most cases, however, the tax and bond benefits to major league sports cost those communities and States billions that they have yet to recover. It appears that States are again seeking odd answers to their budget problems that will eventually push off more costs, resulting in lower needed or desired services or higher taxes in the long run, onto ordinary tax payers in the long run.