City voters recently approved a sales tax increase to help fund costs of providing public safety services and pensions for city police and firefighters. The issue didn't get a lot of attention, and passed easily.
Since the vote, I've been thinking about the increased sales tax we pay in STL City. Are we pricing ourselves too high? Is there a limit to how much we can raise sales taxes before they start to hurt our economy? There must be, and I'm not smart enough to know how much that is.
So I'm thinking about the sales tax rate-ranging from 8.24-9.74%-and wondering, hmmm, maybe it's a cost worth paying in order to have the convenience of living close in to work and all the amenities we have in our neighborhoods and the city? City voters must agree.
On the other hand, say you live in an outlying area. There, sales taxes might be lower, but other costs enter the picture, especially related to transportation. In terms of a household's bottom line, higher transportation costs take a big bite out of the budget, so maybe things are about even?