Monday, April 14, 2008

Tax 'swap' in trouble?

John McKay's tax swap may be threatened if the tax cap goes down today. (and it did. see above)

Taxation commission Mike Hogan said he is going to change his vote because a 1-cent sales tax increase would not cover enough of the revenue shortfall. Hogan said it was not clear during debate that the increase would be limited to a penny.

St. Pete Times

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