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Reply To: Legislative Priorities

John Schoonmaker

Commissioner Smith,

On item #2, it is a reallocation of sales tax from the state collecting 9.25% on an amount of a major purchase from $1,601 to $3,200. The 2.25% portion of the tax should be returned to the county, city or town where the purchase was made. If a resident purchases a $10,000 item the tax collected (state & local) would remain the same at $772. Currently we are only receiving sales tax of $36. on the purchase of the $10,000 item. The state is collecting $736. on the $10,000 item.

John Schoonmaker