Cobb County’s March 15 SPLOST Vote: Deception #1
by PV
Deception #1: “It’s just a penny…you can spare a penny to help everyone else, right?”
To make sure we are ALL on the same page here about sales taxes in Cobb County, it is important that everyone get on the same page. In order to do that, let us break down for you what our current 6% sales tax is composed of:
6% = 4% + 1% + 1%
4% of this goes directly to the state of Georgia. Every single county and sales tax jurisdiction in Georgia has, as its base, a 4% sales tax that goes to the state.
1% of this 6% is the Cobb County Education SPLOST Tax. That 1% is NOT on this March 15, 2011 vote. Anyone who tells you that is wrong. That 1% goes only to projects directly relating to the school system. That SPLOST stays intact regardless of the outcome of this March 15th vote.
The last 1% of this county’s sales tax is the SPLOST matter we are addressing here.
SO, to the argument that this SPLOST is “just a penny,” it is not a matter of just being a “penny.” It is a percentage point. 1.0% of every taxable transaction in this county.
BIG difference when it comes to the actual math involved. BIG difference when it comes to your own wallet.