absorb the “incoming” when necessary. This is the hard part of the job. That’s when you look at their invoice and think, “Gee,maybe it’s not toomuch after all.”
‘(The Parking Industry) Does Not Bring Tears to My Eyes at All’
(Posted Oct. 21) Philadelphia has a 20%parking tax. Thatmeans thatwhen
you park, the operator slaps on an additional 20%, which it turns over to the government. Well, sort of. Operators tell me they do break out the tax, but often can’t pass the entire amount on to the parker. Enter Philadelphia Councilman Jim Kenney. He got a bill
through the City Council that would reduce the parking tax by one percentage point a year, beginning in 2014, until it was down to 17%. The mayor, pleading the need for money for the city’s coffers, vetoed the bill. Fair enough, all around. The bonehead part of this discussion was from another
councilman, one Brian O’Neill: “[The parking] industry does not bring tears to my eyes at all,” O’Neill said, not- ing that he would prefer to see property taxes, which were raised twice recently, reduced instead. Where the hell does O’Neill think the money comes from?
No matter what, the money comes from the people who park, not the parking facility owners or operators. They fight the tax because it makes their business more difficult and are trying to keep parking costs down in center city. However, make no mistake: In the end, it’s the person who
drives the car who pays. This is true in sales tax, in corporate tax, excise tax, in every formof taxation. It’s a business expense and is passed right along to the customer. Arrrrgh…
JVH You could have read these entries when they were origi-
nally posted at Parking Today’s Blog – and commented, if you liked – by logging on to
www.parkingtoday.com and clicking on “blog.” JVH updates the blog almost every day.
PT
PT’s Webinars Always Free
www.parkingtoday.com
Parking Today
www.parkingtoday.com
45
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56