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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSneaker tax? Illinois considers a 25-cent charge
SPRINGFIELD The cost of a new pair of basketball shoes could jump by 25 cents under a proposal floated this week by an Illinois lawmaker.
State Rep. Will Davis, D-Hazel Crest, wants to create a new tax that would generate an estimated $3 million annually for a youth job preparation program. He said the added cost would likely go unnoticed by most consumers, while helping finance a program for kids during tight budget times.
Everywhere, funding is challenged,Davis said. I see it as a uniquely creative way of helping youth.
Under the proposal, consumers buying any kind of athletic shoe would pay an extra 25 cents. Proceeds from the new tax would be earmarked for the states YouthBuild programs
http://www.stltoday.com/news/local/illinois/sneaker-tax-illinois-considers-a--cent-charge/article_51020583-02c9-51ce-b858-1e07054a4648.html
slackmaster
(60,567 posts)leftyohiolib
(5,917 posts)bigwillq
(72,790 posts)Let's hope that program is implemented correctly.
madrchsod
(58,162 posts)they have done a real bang up job diverting funds for the pension system i`m sure they find a way to divert this tax somewhere else
libtodeath
(2,888 posts)the fat cats raking in the dough like they should.