Will Mobile Alabama Join Sales Tax Holiday?
- Sales Tax News
- Jun 6, 2012 | Susan McLain
Originally, Mayor Sam Jones “…withheld his support, saying he wanted to study the potential impact on the city’s finances before he endorsed the idea.”
However, he found that trying to determine an accurate estimate of the fiscal impact is difficult. “Only certain products, such as batteries and window coverings would be exempt from sales tax, according to the state law that created the program.”
With that in mind, Jones expressed that, “There would be no positive impact to us, but it would be positive for residents,” and agreed he felt the city should participate.
Only one area concerns council members and the mayor—at less than $60 a unit for plywood, there is concern that “…contractors might take advantage of the program to stock up on the common building supply.”
The City Council must approve participation by June 19.