Fact Check: Sales Taxes didn’t jump, really?

Did the opening of Shoppes on Maine really have no impact on sales tax collections?

There was no effect.  Any increases in sales at Shoppes on Maine were offset elsewhere.

Lets look at the data:

If the opening of new retailers had really been a game changer we would have seen a jump in sales tax growth in 2006 / 2007 but there is only the traditional growth.  Our sales tax collections have gone up on average 6.4% per year.  This amounts to just a little above population growth plus inflation.

As I stated, Shoppes on Maine did not add to the sales tax base any more than just our traditional growth.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.