should it stay or should it go?
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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. . - PowerPoint PPT PresentationTRANSCRIPT
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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.