[Fwd: State sales tax drops]

[Guest guest]

--- State sales tax drops

Date: Fri, 27 May 2005 09:57:48 -0400

From: Senator L. Seward <senator51@...>

Reply-Senator L. Seward <seward@...>

I wanted to let you know that New York consumers will save an estimated

$560 million over the next year as a result of a scheduled drop in the

state sales tax from 4.25 percent to 4 percent beginning June 1, 2005.

When we imposed the .25 percent bump as a temporary measure to help the

state get through a tough time, we said it was temporary and set a date

for its expiration. The reduction is not deferred, delayed or defeated.

This is about shaving back what the state takes from you, its citizens,

and keeping the promise we made to you that the tax would sunset.

Hardworking, overburdened taxpayers like you deserve a break and the

drop in the state sales tax will help you keep more money in your

pockets when you go to the store.

Retailers and vendors across the state have been notified of the sales

tax reduction by the state Department of Taxation and Finance. The

sales tax reduction returns the state sales tax to 2002 levels.

The 2005-06 state budget included more than $155 million in tax

reductions to help consumers save money and to create jobs, boost

manufacturing, stop outsourcing and encourage more high tech and biotech

business expansion in New York.

Sales taxes hit the family pocketbook every day -- clothing, toiletries,

motor oil and toys for the kids -- not to mention the impact of the

sales tax on the purchase of a car. But it goes down June 1, and that's

good news for families.

Here's a list outlining the amount of money that will stay in your

county over the next year that was previously destined for Albany's coffers:

Chenango $ 1,002,572

Cortland 1,238,529

Greene 1,120,988

Herkimer 1,165,420

Otsego 1,573,679

Schoharie 645,747

Tompkins 2,434,471

Total staying in the 51st District - $ 9,181,407

Have a pleasant Memorial Day weekend. Please take time to attend your

local Memorial Day parade, put out the flag, and otherwise remember the

sacrifices of our soldiers, sailors and marines who have died to keep us

free. My column " Memorial Day Thoughts " is posted on my website at

http://senatorjimseward.com .

Senator Jim Seward

P.S. I don't want to e-mail constituents if you do not want to receive

them. To unsubscribe, use the link at the bottom. Also, my e-mail lists

are not sold or shared with any other entity.

--

No virus found in this outgoing message.

Checked by AVG Anti-Virus.

Version: 7.0.322 / Virus Database: 266.11.17 - Release Date: 5/25/2005