[FRIAM] Whew!
Robert J. Cordingley
robert at cirrillian.com
Sun May 7 18:33:57 EDT 2017
FYI
2017 Personal Income Tax in New Mexico for couples is $768 + 4.9% on
taxable income over $32, 650 along with 8.3125% Gross Receipts Tax in
Santa Fe City and a Governor sworn to not raise taxes. GRT is applied to
goods (not groceries) and some services with a myriad of exemptions and
deductions that the legislature would like to clean up. Candy and soda
are untaxed groceries for GRT purposes!
Apparently, Amazon *has* agreed to collect GRT in NM as they do for
states where they have a presence. No news on details of the agreement.
Just for grins, tried to order a $400 Onkyo Receiver - a $0.61 tax was
applied while a $560 diamond pendant necklace was $0.00 estimated tax -
so may be it starts gradually depending on the goods. Certainly seems
like a revenue opportunity here and/or more to the story.
Robert C
On 5/7/17 2:06 PM, Marcus Daniels wrote:
>
> Gross receipts is one thing. Who would build the database of UPC
> codes that are instances of the taxed class (a small subset of gross
> receipts)? Maybe other cities have built those databases? I am
> skeptical the city would be able to maintain such a thing.
> Compliance and enforcement would seem a challenge.
>
> *From:*Friam [mailto:friam-bounces at redfish.com] *On Behalf Of *Robert
> J. Cordingley
> *Sent:* Sunday, May 07, 2017 1:50 PM
> *To:* The Friday Morning Applied Complexity Coffee Group
> <friam at redfish.com>
> *Subject:* Re: [FRIAM] Whew!
>
> Taxes bypassed? Probably not so. See
> https://www.abqjournal.com/962831/amazon-to-start-collecting-taxes-in-new-mexico.html
>
> Robert C
>
> On 5/7/17 10:49 AM, Marcus Daniels wrote:
>
> With Amazon Prime, this is all irrelevant. Click and ship what
> you want and such taxes will be bypassed. Further, Amazon’s
> distribution costs will be lower than going through a local
> distributor anyway. Stupid to build a tax base on an business
> model that is obsolete.
>
> *From:*Friam [mailto:friam-bounces at redfish.com] *On Behalf Of
> *Owen Densmore
> *Sent:* Sunday, May 07, 2017 10:37 AM
> *To:* The Friday Morning Applied Complexity Coffee Group
> <friam at redfish.com> <mailto:friam at redfish.com>
> *Subject:* Re: [FRIAM] Whew!
>
> Ya gotta love the City Different:
>
> Inline image 1
>
> The small print:
>
> Inline image 2
>
> On Sat, May 6, 2017 at 11:37 AM, Robert J. Cordingley
> <robert at cirrillian.com <mailto:robert at cirrillian.com>> wrote:
>
> Let me throw some things into this mix
>
> Some estimates (SFNewMexican
> <http://www.santafenewmexican.com/news/local_news/voters-smack-down-mayor-s-beverage-tax-proposal/article_3971faf0-2f9c-11e7-8374-532a52cd354f.html>)
> suggest in total over $3.12 million was spent by both sides on
> the campaign while the expected cost of the Pre-K to be funded
> was $7.7million in the first year. Subsequent years ought to
> be less because facilities would already be in place.
>
> Some roughly 800 Pre-Ks (4 yr olds) would be included. That's
> ~$9,000/yr per child which sounds like a good deal based on
> Frank's numbers. Pre-K <> child-care btw. Some 160
> teachers+assistants+extended care providers would be needed to
> run a 5 day program for 40 classes of 20 students each (2
> teachers/class + 2 for extended day care).
>
> The Santa Fe Public Schools are expected to expand their free
> (to parents) Pre-K programs
> <http://www.sfps.info/cms/One.aspx?portalId=115105&pageId=150523>
> subject to legislative funding but I don't know details of
> when, probably never 'cos NM State budget is at an impasse.
>
> A possible but unconfirmed motivation for the Mayor's proposal
> was to get to a point where Pre-K would be indispensable and
> thus get sustainable funding and not have to depend on
> hopefully declining soda tax revenues.
>
> According to the New Mexican again
> <http://www.santafenewmexican.com/news/local_news/half-truths-falsehoods-create-confusion-in-soda-tax-fight/article_68ac5a30-7159-5a1d-913a-a625dfa36e8d.html>,
> lemonade powder would be taxed on the made up quantity
> changing the price from something like $7/can to $28/can - bad
> 'optics'.
>
> Some claimed tourists might be big contributors to the
> soda-tax revenues anyway.
>
> Some people suggested they would buy sugary drinks in order to
> support Pre-K.
>
> Others suggested the beverage industry ('Big Soda') could not
> stand the idea that the soda-tax would be a seen as sin-tax
> and are trying desperately not to get it labelled as such.
>
> No-one on the for side in the campaign I saw made any
> suggestions on what folks should switch to to avoid the tax,
> e.g. flavored water, water, plain teas and coffees. The last
> being more profitable for businesses.
>
> Based on district voting the people most likely to benefit
> health wise voted against it. Sound familiar?
>
> It's claimed the for side didn't play up the health benefits
> enough in their campaign and that Big Soda came over as the
> local group while the the for side came over as elitist and
> out of state.
>
> If passed, lookout for Soda stands outside the city limits.
>
> So it all looks a little silly. I support both ideas tho'
> living in the county I couldn't vote.
>
> The questions remain: how to fund Pre-K and how to cut
> consumption of unhealthy sugary drinks? The against side said
> it should be funded from the 'surplus' the city has but there
> are legal restrictions on those funds apparently. The city has
> it's own component of Gross Receipts Tax (which is like a
> Sales Tax but applied more broadly).
>
> So what's the real problem and how do we fix it? The mayor is
> still looking for good ideas.
>
> Robert C
>
> On 5/3/17 9:43 PM, Marcus Daniels wrote:
>
> < $13-16k per year is a huge number. Does this include
> "child care" .. i.e. taking care of the child for working
> parents? That is a lot more expensive than "pre-school".>
>
> Doggy day care is about half that. If a dog has the
> intelligence of a 2 year old, and pre-K child is 4, then a
> linear extrapolation to an 18 year freshman’s day care
> (tuition) is about $63k a year. Must be the complexity of
> the control system that is required!
>
> Marcus
>
> ============================================================
>
> FRIAM Applied Complexity Group listserv
>
> Meets Fridays 9a-11:30 at cafe at St. John's College
>
> to unsubscribehttp://redfish.com/mailman/listinfo/friam_redfish.com
>
> FRIAM-COMIChttp://friam-comic.blogspot.com/ by Dr. Strangelove
>
>
>
>
> --
>
> Cirrillian
>
> Web Design & Development
>
> Santa Fe, NM
>
> http://cirrillian.com
>
> 281-989-6272 <tel:%28281%29%20989-6272> (cell)
>
>
> ============================================================
> FRIAM Applied Complexity Group listserv
> Meets Fridays 9a-11:30 at cafe at St. John's College
> to unsubscribe
> http://redfish.com/mailman/listinfo/friam_redfish.com
> FRIAM-COMIC http://friam-comic.blogspot.com/ by Dr. Strangelove
>
>
>
>
> ============================================================
>
> FRIAM Applied Complexity Group listserv
>
> Meets Fridays 9a-11:30 at cafe at St. John's College
>
> to unsubscribehttp://redfish.com/mailman/listinfo/friam_redfish.com
>
> FRIAM-COMIChttp://friam-comic.blogspot.com/ by Dr. Strangelove
>
>
>
> --
> Cirrillian
> Web Design & Development
> Santa Fe, NM
> http://cirrillian.com
> 281-989-6272 (cell)
>
>
> ============================================================
> FRIAM Applied Complexity Group listserv
> Meets Fridays 9a-11:30 at cafe at St. John's College
> to unsubscribe http://redfish.com/mailman/listinfo/friam_redfish.com
> FRIAM-COMIC http://friam-comic.blogspot.com/ by Dr. Strangelove
--
Cirrillian
Web Design & Development
Santa Fe, NM
http://cirrillian.com
281-989-6272 (cell)
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://redfish.com/pipermail/friam_redfish.com/attachments/20170507/78005fd9/attachment-0002.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: not available
Type: image/jpeg
Size: 40035 bytes
Desc: not available
URL: <http://redfish.com/pipermail/friam_redfish.com/attachments/20170507/78005fd9/attachment.jpe>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: not available
Type: image/jpeg
Size: 11999 bytes
Desc: not available
URL: <http://redfish.com/pipermail/friam_redfish.com/attachments/20170507/78005fd9/attachment-0001.jpe>
More information about the Friam
mailing list