Michigan’s Senate approved a bill yesterday to extend the state’s film tax credit program, which was limited and reduced in 2011 and set to expire in 2017. It’s now up to the House to decide whether to proceed. From...
- The Tax Policy Blog
- A Christmas Tree Tax? Sort Of.
A Christmas Tree Tax? Sort Of.
Two years ago, the U.S. Department of Agriculture proposed an assessment of 15 cents per Christmas tree sold, with the proceeds used "for a national research and promotion program for Christmas trees" (and against artificial trees), overseen by a board of domestic producers and importers. As the argument goes, a commodity like Christmas trees (or milk or pork or in 16 other areas) requires industry-wide collective advertising, and thus a government-backed cartelized assessment is the most efficient way to fund brand advertising and prevent free riders. (In actuality, few anted up for voluntary advertising efforts.) The existing producers backed the assessment overwhelmingly.
More on this at Snopes, the Urban Legend Reference Pages.
Subscribe to the Tax Foundation Newsletter
Join the Tax Foundation's fight for sound tax policy Go
About the Tax Policy Blog
The Tax Policy Blog is the official blog of the Tax Foundation, a non-partisan, non-profit research organization that has monitored tax policy at the federal, state and local levels since 1937. Our economists welcome your feedback. If you would like to send an e-mail to the author of a blog post, please click on that person's name to locate his or her e-mail address or visit our staff page here.