Room tax might increase to 12.5%

Happy Birthday Cat

<font color=teal>Wonders if the <font color=deeppi
Joined
Mar 22, 2001
According to Mouseplanet today Link the Orange County Hotel tax might increase to 12.5% from 11.5%. Thus another reason to own DVC. That adds a pretty big amount to the average hotel bill.

HBC
 
HBC...thanks for the news. :)

It does bring up something that is almost always ignored when people run the numbers on DVC value. I see a lot of people allowing for inflation in room rates, and increases in dues. I don't ever see people allowing for increases in taxes...and when's the last time we saw taxes go down on things like hotels?

Of course, we pay real estate taxes and those could go up too. But Florida has a history of trying to extract much of its tax revenue from tourists, so I think the rate of increase for hotel taxes will climb faster than the real estate taxes.

For those who crunch the numbers, DVC may be getting a little more attractive!
 
Boy, that's a high tax rate. It just doesn't seem right to me.

Bobbi
 

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