But gosh, sometimes the Republicans have a point. Not nearly as much as they think they do, and not within a million miles of what they say they do… But a point. And that point is, higher taxes encourage people to spend less money, or (if possible) to spend it somewhere else. Therefore, a one percent sales tax hike (which is applied to just about everything in Birmingham) has, together with the Bush Recession, caused people to spend their money differently, which leads to:
Smitherman said that the problem is that a new sales tax and increased business license fees havent brought in as much as projected, and those funds were earmarked for the mayors projects.
Oops! Anyway, less money for laptops, less money for scholarships, more tears cried into Larry Langford’s pillow at night.