John Harrington knows off the top of his head how much a proposed tax increase will raise prices on some of his best-selling products.
“Kendall-Jackson, a popular Chardonnay, is $11.95 now, so it’ll be about another 75 cents,’’ said Harrington, for more than 40 years the proprietor of Harrington Wine and Liquors in Chelmsford. “Ketel One vodka costs $38 for 1.75 liters, so it’ll cost more than a couple of bucks more for a bottle.’’
Consumers will be hit with an array of new taxes to help fund a state budget for the next fiscal year, under a plan the Legislature approved yesterday.
With the state desperate for money amid shrinking revenues, drinkers would pay a 6.25 percent tax - currently they pay nothing - on beer and wine from liquor stores. A $75 dinner tab at your favorite restaurant will cost another 94 cents, plus an additional 56 cents if your city or town elects to impose an optional local meals tax.
Saturday, June 20, 2009
Mass. New Taxes Panned by the Critics
The Boston Globe reports: