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Mixed public reaction at Springfield hearing on proposed payroll tax
Summary
At a public hearing on a proposed payroll tax ordinance, residents and business representatives split between concerns that the 0.1% proposal would burden workers and small employers and supporters who said higher rates or broader participation are needed to avoid cuts to library and city services.
Finance Director Nathan Bell opened a first reading and public hearing on a proposed payroll tax ordinance that would set a 0.1% shared payroll tax, structured as a tenth of a percent paid by employers and a tenth by employees, and estimated to generate about $2.45 million in the first year.
The tax, Bell said, follows the mayor’s fiscal stability task force recommendation to diversify revenue and includes guardrails: the rate would be fixed by ordinance and could not be…
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