Why we must vote yes on KPB Proposition 2 on Oct. 3: Our living costs including but not limited to food, utilities and all energy has increased 33 1/3 percent in about a year. Have you noticed the same phenomena?
By extension, the borough sales tax receipts have also gone up by 33 1/3 percent as they collect a 2 percent sales tax currently on the increased (33 1/3 percent) tax basis.
If you vote “No” on KPB Proposition 2 you will raise the borough sales tax from the current 2 percent to 3 percent, which translates to a 50 percent increase in sales tax. This enhancement of 3 percent will be applied to all our increased living costs.
Vote “Yes” on Proposition 2 on Oct. 3.
Bill and Samon Arnold
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