As the spring break season in Panama City, Florida ends and the summer vacation season begins, a new tourism development tax approved by voters in November 2014 is using vacationers as a fresh revenue stream.
Panama City collected $151,000 in new revenue by taxing hotel occupancy over the first four months of the year. City lawmakers are expecting the tax to generate a total of $1.2 million by the end of year.
Sending Tourists Elsewhere
James Madison Institute Vice President of Policy Sal Nuzzo says the city’s “bed tax” will cause tourism money, and the tourists themselves, to go elsewhere.
“Interestingly enough, Panama City is trying to fight back against the spring break influx, and it’s kind of pitted different factions of the city against each other, depending on if you’re in favor of whatever the revenue is from all the kids coming in, or if you think it’s not worth the cost,” Nuzzo said.
As taxes make Panama City hotels more expensive, other destinations become more attractive...
North Carolina lawmakers are considering a bill to circumvent the state’s ban on the sale of raw milk.
The bill would reverse a 2004 law preventing individuals from purchasing “cow shares,” ownership shares in a cow or herd of cows, thereby allowing people to purchase raw milk produced by the cows they co-own.
Legal in 30 States
State Rep. Dennis Riddell (R-Alamance) says his bill, which has been approved by the North Carolina House of Representatives Health Committee, increases North...
About one year after abandoning a plan to create an automated national database tracking automobile owners’ license plate data and location, the U.S. Department of Homeland Security is renewing its effort to create the program, soliciting bids from private surveillance companies to facilitate the creation of the registry.
This national license-plate database technology, once activated, would log the time and place license plates were spotted by cameras, allowing the government to track drivers...