Dear friends the sky will not fall from a half cent rise in the bed tax. Indeed, it may well be a 12.5% increase in the tax. However, let me borrow from one poster who had the concern that "it is not "pennies" when you pay $2K for a week's rent". For that $2,000 of weekly rent, the vacationing family will now pay an additional $10. I don't really think that a vacationing family will choose another destination over Walton County based on an extra $10. As far as those who would say that Walton County vendors will now receive $10 less from that vacationing family...how do you get to that leap of logic. Sure...vacationing family will have $10 less theoretically...but who is to say that they won't adjust their budget elsewhere to account for it. To say that they'll spend less here in Walton County is reaching at best and propaganda at worst.
Look...I am by no means a fan of taxes. But you can't let the "no new tax tail" wag the "economic dog." Bottom line...we've tapped out the "driving demographic," that being those families within driving distance of our beaches. We have done our best to attract those families and saturate those markets with our message. If we want to increase our visibility and widen our net so to speak, then this bed tax is the best way for us to fund that. Attracting a major carrier like Southwest would be a boon to our local economy for two reasons. One: build it and they will come...we would move beyond the driving demographic to a more national (or international) demographic. Two: How cool would it be for us to have the option of flying out of here on Southwest? Not bad. Bay County has already ponied up money to attract Southwest and we said we would do our part in Walton County. It makes sense to me that we hold up our end of the bargain. The better our region does, the better we do.
What puzzles me the most is that our local tax watch dog groups are against this. Their mission statements are to protect the Walton County tax payer. They are lobbying against a "bed tax" paid by non-residents that will go toward a benefit for Walton County taxpaying residents. If the "bed tax" gets shot down, and Walton County still wants to attract more families to our area, then the cost will now come out of Walton County taxpayer wallets. So in a sense, these tax watch groups are lobbying against their own self interest.
If I've missed something, then please correct me. Thanks.
Pura Vida.
Look...I am by no means a fan of taxes. But you can't let the "no new tax tail" wag the "economic dog." Bottom line...we've tapped out the "driving demographic," that being those families within driving distance of our beaches. We have done our best to attract those families and saturate those markets with our message. If we want to increase our visibility and widen our net so to speak, then this bed tax is the best way for us to fund that. Attracting a major carrier like Southwest would be a boon to our local economy for two reasons. One: build it and they will come...we would move beyond the driving demographic to a more national (or international) demographic. Two: How cool would it be for us to have the option of flying out of here on Southwest? Not bad. Bay County has already ponied up money to attract Southwest and we said we would do our part in Walton County. It makes sense to me that we hold up our end of the bargain. The better our region does, the better we do.
What puzzles me the most is that our local tax watch dog groups are against this. Their mission statements are to protect the Walton County tax payer. They are lobbying against a "bed tax" paid by non-residents that will go toward a benefit for Walton County taxpaying residents. If the "bed tax" gets shot down, and Walton County still wants to attract more families to our area, then the cost will now come out of Walton County taxpayer wallets. So in a sense, these tax watch groups are lobbying against their own self interest.
If I've missed something, then please correct me. Thanks.
Pura Vida.
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