Record sales tax receipts and lower than projected spending left Oneida County with an $8.4 million budget surplus for 2012 . . .Nice . . . but Oneida County is also one of the most heavily taxed counties in the NATION when it comes to property taxes as a percentage of property value ...
ADD TO THAT the 8.75% sales tax we pay here -- also one of the highest sales taxes in the country. Anyone who travels to other parts of the country immediately realizes the difference when shopping. We have become too used to being nickled-and-dimed to death.
The County plans to use some of its surplus money for "economic development." The County already has a policy of exempting certain politically connected developers from the sales tax . . . meaning that (1) YOU are subsidizing the profits of these developers and (2) the sales tax revenue could be even higher.
The county is in the process of obtaining the necessary state permission to extend its 1 percent and 0.75 percent sales taxes. The county’s 3 percent sales tax is permanent and does not have to be renewed every two like the other two levies.The 8.75% sales tax -- originally implemented to close a financial gap in OC providing mandated medical care -- is a blot on the county's reputation, a disincentive for both people and businesses to do business here.
Now is the time for NYS to DENY Oneida County the permission to extend at least the 0.75% tax. Leaving a little money in our pockets will help ALL local businesses instead of just the politically connected ones.