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Councilmember reports on state sales-tax sharing proposal that could boost local revenue
Summary
A council member identified as Todd reported serving on a state revenue committee that recommended a phased-in 50/50 sales-tax sharing proposal; he said the change could return roughly 30% more sales-tax revenue to communities like Mount Shasta and may require a constitutional amendment to define e-commerce taxation.
A council member identified in the meeting as Todd told the Mount Shasta City Council he was appointed to a state revenue and taxation committee and described a proposal to shift sales-tax sharing to return 50% of certain sales taxes to communities without fulfillment centers.
Todd said the proposal would be phased in over five years and that some…
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