Carlsbad Voters Choose Higher Taxes

It never ceases to amaze me when voters choose to tax themselves more. This is particularly true when the economy is on the rocks. I’d recently written about just such a tax hike issue on the ballot in Carlsbad where voters chose just yesterday to levy a half-cent hike in the gross receipts tax.
Although voters misguidedly chose to increase their tax burden, the Rio Grande spurred an interesting debate with letters to the editor and opinion articles here, here, here, and here placed in the Current-Argus.
We’ll follow Carlsbad closely to see how this major tax hike impacts Carlsbad’s economy and in our next tax friendliness study we’ll note how the hike impacts Carlsbad’s tax burden relative to other cities around the state.

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