I am trying to calculate the economic impact of some rehabilitated structures. Besides the spending during the construction phase, by following a more comprehensive approach, I’m also calculating the economic impact of the post-rehabilitation phase by using the operational budgets of those commercial activities that opened in the rehabilitated building. I have two questions on the fiscal impact: [ul] [li]When entering the operational budget of a business, in the resulting fiscal impact, am I capturing sales and meal taxes generated at local level in those establishments? Or is that an info that cannot be produced through IMPLAN?[/li] [li]And in addition to the operational budget, should I treat spending from individuals (e.g. workers payroll, area visitors, etc…) outside IMPLAN to calculate those taxes – i.e. by applying local tax rates to their spending? Or should I simply enter their spending as an income change?[/li][/ul]
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