Why are we so reliant on sales tax and why are different municipalities allowed to charge different rates of sales tax. I get so confused. "Pulls out the things were simpler in Vermont card." In Vermont towns are allowed to add on a 1% sales tax on top of the state sales tax - all or nothing that's it. Budgets are basically funded by property taxes, which don't do the mill levy thing, but rather take the budget divided by the grand list to get a percentage of assessment rate. I appreciate this education about Colorado procedures. I still have more questions, but when the topics come up I will ask. Bottom line - it strikes me as odd that when I go shopping in Broomfield I pay one sales tax rate and in Lafayette a different rate and in Boulder yet a different one, and I don't know what to plan on to pay for a $10.00 item. That seems unfriendly to the consumer
I don't know why it's setup this way, that is so far above my pay grade! But if we were to rely more on property taxes it would be considerably more expensive to live here.
Why are we so reliant on sales tax and why are different municipalities allowed to charge different rates of sales tax. I get so confused. "Pulls out the things were simpler in Vermont card." In Vermont towns are allowed to add on a 1% sales tax on top of the state sales tax - all or nothing that's it. Budgets are basically funded by property taxes, which don't do the mill levy thing, but rather take the budget divided by the grand list to get a percentage of assessment rate. I appreciate this education about Colorado procedures. I still have more questions, but when the topics come up I will ask. Bottom line - it strikes me as odd that when I go shopping in Broomfield I pay one sales tax rate and in Lafayette a different rate and in Boulder yet a different one, and I don't know what to plan on to pay for a $10.00 item. That seems unfriendly to the consumer
I don't know why it's setup this way, that is so far above my pay grade! But if we were to rely more on property taxes it would be considerably more expensive to live here.
Again, I’m grateful to you for your information.
Thanks Warren, I hope what I post is useful for people to understand how things work.