Word: taxed
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Carole Horne, general manager of Harvard Book Store, said that the increased sales tax further tips the playing field in favor of Internet retailers...
Under the plan, $200 million of the new revenue would go to towns and communities for local aid, and $275 million would go to transportation. The sales tax hike stands in contrast to the House’s initial state budget, released on April 15, which did not draw from new sources of revenue or state reserves and included wide cuts to local aid, services, and programs...
Denise A. Jillson, Executive Director of the Harvard Square Business Association, said the sales tax increase was “painful” and “difficult” for consumers who are already hard hit by the economic downturn. But she added that the negative impacts of the sales tax would probably be minimal for Harvard Square stores, since shoppers would probably view the tax as a “necessary evil” for relieving the state’s financial difficulties...
Several business owners expressed greater concern. At Crate & Barrel on Mass. Ave., assistant manager Radhika Ramdev said that the tax increase would hurt the store, which stocks big-ticket items like furniture and appliances. According to Ramdev, Crate & Barrel has already been struggling in the difficult economic climate and has experienced a slump in sales over the last six months...
...people are already hesitant to make their larger purchases,” said Ramdev. “The tax increase will make them think even harder before they even make their final decisions...