To the Editor

Vote yes on

increasing the sales tax cap

To the Editor:

I am writing to address Petersburg’s current sales tax cap and its impact on our community. As inflation continues to affect our daily lives and local businesses, it has become increasingly clear that the current sales tax cap no longer aligns with the economic realities we face.

The sales tax cap, initially set to provide a stable revenue source and prevent excessive taxation, has NEVER been adjusted to keep pace with inflation. Since its implementation in 1959, the cap of $1,000 (increased in 2002 to $1,200) needs to be $11,300 today to...