Ticket prices for movies, concerts, and cultural attractions must include state sales taxes in North Carolina starting in 2014. That change is part of the 2013 tax reform legislation that also included dramatic decreases to the state’s personal and corporate income tax rates.
But state lawmakers have not necessarily finished debating whether certain cultural attractions and events should continue to be exempted from state tax. Today’s Shaftesbury Society luncheon lecture focused on the ongoing debate surrounding state ticket taxes. In the video clip below, the discussion turns to the problems state lawmakers create for themselves when they decide what types of consumption to tax, rather than the simpler decision of taxing all consumption.
2:45 p.m. update: Click play below to watch the full 44:41 event.
You’ll find other John Locke Foundation video presentations here.