04/21/08 — Sales tax fast facts

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Sales tax fast facts

By News-Argus Staff
Published in News on April 21, 2008 1:45 PM

n Voters will have the opportunity to decide whether or not they want to approve a quarter-cent sales tax increase.

n If it is approved, the commissioners must then take another vote to enact it, and as long as that is done by Aug. 1, the earliest it can take effect is Oct. 1.

n It enacted, the increase will raise the sales tax on all retail goods to an even 7 percent.

n State and county estimates show the extra quarter-cent could provide Wayne County with anywhere from $1.8 million to $2.6 million depending on the economy.