As states across America take a look at their budgets, some are getting creative with sales taxes in an effort to increase their revenue by slapping a tax on some interesting items and services. CNNMoney checked out what’s going down all over America, from magician taxes to hot air balloon ride tariffs.
Tax off the top: In Michigan and Nebraska, legislators are considering extending the state sales tax to person grooming services like getting a trim, because they can be seen as a luxury item.
Krusty the Clown tax: Maine wants to make money off of children! A bill proposing a 5% state tax on entertainment like comedians, clowns, jugglers, ventriloquists, petting zoos, paintball and even haunted hay rides is up to be voted on this summer, and would go into effect in January 2011.
Balloon Boy tax: Hot air balloon rides don’t come cheap, and in Kentucky they could be even pricier: Lawmakers there want to get their hands on $350 to $400 million a year by taxing high-end services like limousine such as limousine and hot air balloon rides, golf green fees, private landscaping, armored car services and professional laundry services. Because these are things rich people use, so, tax’em! [More]
gimme all your money
States Seek Sales Taxes On Haircuts, Balloon Rides
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