A simple truth: this is a tax on a business asset. It charges a percentage on the average value you keep on the shelf, not how much you sell in a year.
Municipal rates typically sit between 5.8% and 10%, with one at 12%. Weighted average near 8.9%.
Collections land around 240–260 million dollars a year, with upside to 300 million if trends hold.
Without exemptions, the potential base reaches 650–680 million. Free trade zones alone cut about 120 million per year.
Inventory follows demand. No demand, no stock. The real pressure varies by industry, with retail shouldering the biggest share of current payments. Our estimates show concentration by sector and size is the missing piece in public datasets, which is why we built a by-municipality and by-NAICS approach.
Large firms use lean, fast inventory systems. They rotate stock quickly and keep low monthly averages, so their effective rate is lower. Smaller shops buy for several months at a time. That raises average inventory and the bill that follows. The same annual sales can carry very different tax loads.
Municipalities lean on this tax as other supports erode. Population has slid since 2015, property values climbed, yet property tax collections lag. That mix makes repeal hard without a responsible replacement. Multiple bills have tried freezes, carve-outs, or full repeal, with limited success.
Municipalities lean on this tax as other supports erode. Population has slid since 2015, property values climbed, yet property tax collections lag. That mix makes repeal hard without
We turn scattered records into decision-grade intelligence:
Interested in this analysis? EMAIL US
a responsible replacement. Multiple bills have tried freezes, carve-outs, or full repeal, with limited success.
We'll email a one-time link
