Ritter proposes sales tax on soda, online sales
Posted : Nov 7, 2009 7:48 AM
Facing an expected $1 billion shortfall in next year's budget, Gov. Bill Ritter is proposing a $260 million cut in education spending and a sales tax on candy and soda as well as online sales.
Under a plan submitted to state lawmakers Friday, some business-specific tax breaks would also be eliminated or suspended. Conservation easement credits would also be limited for three years.
State workers would take home less money in a move intended to avoid more furloughs. They would pick up the state's share of their pension contribution - 2.5 percent of their salary - for a year to save $20.1 million.
State colleges and universities would receive $56 million less next year but could increase tuition up to 9 percent. Ritter said the budget spread the pain.
Sen. Josh Penry, who is challenging Ritter in next year's election, says the tax proposals will hurt people living on the margin.
christi at Nov 7th 2009 12:08 PM
i am glad that onlines sales will finally be taxed! We have been missing out on so much from not taxing the online shoppers!!
HBC at Nov 8th 2009 11:49 AM
Get your head out of the sand CHRISTI.
CompUser at Nov 8th 2009 12:20 PM
Missing out on what? Being able to keep more of your own money?
Steve at Nov 8th 2009 11:35 AM
Why is it that Ritter is taking so much from state workers when we send billion on welfaire. Make them go one day a month without money. Or cut them 2.5 percent. We are supporting them anyhow.
Thank You,Steve