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July 2, 2003
John Barrett Beacon Hill Institute Suffolk University 8 Ashburton Place Boston, MA 02108-2270 RE: Stamp Model for City of Mobile
As a City Councilman
for the City of Mobile, my public policy goals have included, among other
items, achieving tax reform for our city. Three elements of that tax reform
include the elimination of Mobile's so-called "2% out-of-county tax”
, a conversion from Mobile's antiquated gross receipts tax structure to
a true "sales and use" tax structure, and a reduction in the
overall sales tax rate. Last year, I announced via press release that
the Beacon Hill Institute would be providing a "Stamp Model"
which would study the effects of certain of these changes and project
the impact of certain changes on capital formation, job formation, and
future tax revenue. The receipt of the study earlier this year has greatly
assisted me in my ability as a City Councilman to move these items forward.
In fact, we have this year repealed the 2% "out-of-county tax",
and passed an ordinance which will shortly convert our gross receipts
tax structure to a true sales and use tax structure. I am hopeful that
we will achieve our goal of reducing the sales tax rate later this year. The Mobile Stamp Model has been of great assistance
to me both personally and as a City Councilman in the pursuit of these
public policy goals that I believe are so important to the future of our
city. I truly appreciate the assistance provided by the Beacon Hill Institute. Sincerely,
BENJAMIN H. BROOKS, III
BHB/mb |
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*Please note that is a fascimile of the original correspondence endorsing BHI's work. It has been formatted for the web. Original copies of correspondence are available upon request. |