A special-purpose local-option sales tax (SPLOST) is a financing method for funding capital outlay projects in the U.S. state of Georgia. It is an optional 1% sales tax levied by any county for the purpose of funding the building of parks, schools, roads, and other public facilities. The revenue generated cannot be used towards operating expenses or most maintenance projects.
Read more about Special-purpose Local-option Sales Tax: Capital Outlay Projects, Procedure, Types of SPLOST, Transportation SPLOST
Other articles related to "tax":
... It was largely opposed by those who are against any tax for any reason, and those who felt that having just half of the projects being improvements to the ... again, as well as by the NAACP since it is a regressive tax that would have also applied to basic necessities like groceries, and would have singled-out MARTA as the only agency that would be ... The three regions which voted for the tax area all in middle Georgia, including Columbus and Augusta ...
Famous quotes containing the words tax and/or sales:
“In other words, a democratic government is the only one in which those who vote for a tax can escape the obligation to pay it.”
—Alexis de Tocqueville (1805–1859)
“The elephant, not only the largest but the most intelligent of animals, provides us with an excellent example. It is faithful and tenderly loving to the female of its choice, mating only every third year and then for no more than five days, and so secretly as never to be seen, until, on the sixth day, it appears and goes at once to wash its whole body in the river, unwilling to return to the herd until thus purified. Such good and modest habits are an example to husband and wife.”
—St. Francis De Sales (1567–1622)