He's been dipping into the medical mary jane shit.
There has always been a deduction for out-of-state sales (no sales tax).
Grandpa's Sheriff Badge, Littleton 1920's
Apparently there is a city in Canada that not only has no debt, but has $700 million squirreled away (if I heard that right).
http://www.youtube.com/watch?v=fY79KbCptTo
This bill:
...just might put me out of a job.HB 1190, suspend a sales-tax exemption on energy used in the industrial process.
Email from Corporate...
We are competing with companies that manufacture products overseas, and right now - we are competitive.The Colorado Legislative Assembly is discussing a bill that has negative implications for manufacturing companies. Currently manufacturing and industrial companies in Colorado are exempt from paying sales tax on electricity and gas costs. House Bill HB-1190 would eliminate that tax exemption and charge these companies sales tax on both electricity and gas purchases. U.S. based manufacturing companies have been struggling for years to remain competitive in a global marketplace. HB-1190 would effectively create a new tax on Colorado companies and manufacturing sites and thereby make them less competitive. So while it has the potential to increase $48 million in new revenue for the State, HB-1190 is a short-sighted approach that will have the long-term effect of reducing manufacturing jobs in Colorado.
It should be noted that this is one of many bills currently under review that would increase operating costs for businesses. XXXXX has budgeted $12.1 million for electricity and fuel costs in 2010.
The 2.9% sales tax (state portion) on this amount comes to almost $350,000 per year. This increased sales tax expenditure will reduce the competitive advantage that XXXXX currently
has compared to Asian foundries. It is also possible that the City, County and PPRTA would follow the state which would increase the tax to 7.4% and $850,000 per year.
Force my company to pay $350,000 (up to a possible $850,000) dollars in additional taxes and well - I just might be OUT of a job very soon.
They'll shut this plant down in a heartbeat if costs go up that much.
Thanks Colorado Legislative Assembly - you short-sighted SOB's.
NRA Benefactor Member
"If ever a time should come, when vain and aspiring men shall possess the highest seats in Government, our country will stand in need of its experienced patriots to prevent its ruin." Samuel Adams
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Sorry to hear that.
And they are going to have to appropriate $94,000 to collect these taxes...
http://www.leg.state.co.us/CLICS/CLI...e=1190_enr.pdfThe bill requires but does not contain an appropriation clause. Staff has prepared amendment J.001 (attached)
to add a provision appropriating $94,322 General Fund and 0.9 FTE to the Department of Revenue for FY 2009-10 for implementation of this bill.
And the web site makes it near impossible to find out just who votes which way...
At least I was having trouble...
Looks like EVERYONE voted for it - I was told:
Representative Gardner's input is that the only Colorado Springs Representatives in favor of this bill were Dennis Apuan (District 17, which is SE Colorado Springs and Ft Carson)
and Michael Merrifield (District 18, which is downtown Colorado Springs, Old Colorado City and Manitou). All of the other Representatives were opposed to the HB-1190
NRA Benefactor Member
"If ever a time should come, when vain and aspiring men shall possess the highest seats in Government, our country will stand in need of its experienced patriots to prevent its ruin." Samuel Adams
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I told you that guy was a gobbler. I'd rather have Amy Winehouse in office than Ritter.
Has there ever been any doubt? The guy's been a pendejo since before he was elected.
A plan is just a list of things that don't happen.
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