As a minority member on the Onondaga County Legislature, I worked across geographical and party lines to successfully negotiate a 10 - year agreement that ensured Syracuse would receive its fair share of
sales tax revenues collected by the county.
Onondaga County Executive Joanie Mahoney has started publicly making her case over how she would like to distribute
the sales tax revenue collected in the county.
Not exact matches
Though most states theoretically require consumers to track and pay
sales tax on purchases even if the
tax isn't
collected by the vendor, that rule has gone largely unenforced, leading to billions in lost
revenue for cities and states.
For the state, it could mean falling short of the $ 44 million to $ 82 million in annual
revenue it expected to
collect from the 17 percent
tax on pot
sales.
In the end, states have not
collected any additional
sales tax revenue, and actually lost income
tax revenue from the impacted affiliate marketers.
«Lower the
tax rates, make government more efficient, get the businesses back here, get the private sector booming and then you will be able to fill the coffers when you're
collecting road
tax from more tractor trailers on the road, more gas
tax from more people commuting to work, more
sales tax revenue.»
His requirement that
taxes on internet
sales be uniformly
collected also would help counties get 50 percent of the
revenue.
In 2012, Erie County
collected $ 410 million in
sales tax revenue.
Mr. Cuomo has other plans to generate
revenue, including changing New York's online
sales tax law, which currently requires large online marketplaces like Amazon and eBay to
collect sales tax on behalf of the state on shipments to New York buyers if the seller is also in New York.
Further bolstering the health of the county's finances was the announcement that nearly $ 2 million in excess
sales tax revenue was
collected in 2017.
While the money for the loan would come from better - than - projected
sales tax revenue the city
collected last year, it's uncertain it will ever be spent.
Cuomo and Democratic legislators have argued that the proposal would bring in needed
revenue and create a level playing field for brick - and - mortar shops that must
collect state and local
sales tax.
Please be aware, however, that payments to school divisions are based on actual
revenues collected as the state
sales and use
tax dedicated to public education.
The U.S. Government Accountability Office estimated in a November report that states and municipalities could gain between $ 8 billion and $ 13 billion in annual
revenue if they could require online retailers to
collect sales tax.
In addition to income
taxes on book
revenues and profits, in many states you'll also need to
collect and report
sales taxes on direct
sales of physical books to customers.
Right now they are
collecting all the
sales tax revenue from these dog breeders.
The bill would help states and local governments
collect much - needed
revenue and level the playing field for community - based businesses by allowing states to enforce
sales taxes on goods sold to their citizens from out of state.
Even if there's no meaningful increase in internet
sales over the next 10 years, Platt said empowering states to
collect taxes from online transactions could generate $ 260 billion in local
revenue.
It will also postpone
collecting sales tax revenue from the center for an indefinite period of time, to allow the developer to repay the state's loan with the extra money.