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Sales tax revenues are WAY down everywhere - What next?
Local News | 16 May 2020 | Mene Mene Tekel Upharsin

Posted on 05/16/2020 2:32:03 PM PDT by MeneMeneTekelUpharsin

Another major crisis is arising. Cities and towns across the United States have seen a MAJOR drop in sales tax revenue. This is going to lead to extreme financial duress for these municipalities. What happens next?


TOPICS: Business/Economy; Chit/Chat; Miscellaneous
KEYWORDS: drop; revenue; sales; shutdown; tax
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To: RoseofTexas

What city is that?


41 posted on 05/16/2020 5:09:11 PM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: semimojo
For government that means cutting jobs when unemployment's already probably 25%.

Want the economy to recover?

If they are worthless parasites then they don't need to be employed by the taxpayers. Most are worthless anyway.

42 posted on 05/16/2020 5:28:08 PM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: centurion316
"What happens if the government shuts down retail and service businesses including the health care system? No sales equals no sales tax, duh."

I second your "duh".

43 posted on 05/16/2020 5:33:29 PM PDT by Pajamajan ( Pray for our nation. Thank the Lord for everything you have. Don't wait. Do it today.)
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To: ConservativeMind

El Paso tx


44 posted on 05/16/2020 6:10:10 PM PDT by RoseofTexas
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To: MeneMeneTekelUpharsin

Property taxes will be down when nobody can afford to buy a home.


45 posted on 05/16/2020 6:39:06 PM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016)
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To: gibsonguy

I’d like both working from home and school from home. I hope it becomes a thing for most.


46 posted on 05/16/2020 6:41:41 PM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016)
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