Tax Impact

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    Doug Olson
    Using a Washington, MN 2007 county file (the demo that comes with the software), I ran $1 billion through sector 35 Construction of new nonresidential manufacturing for the investment in petroleum refining. Exporting the Direct, Indirect and Induced state and local government taxes blocks to Excel and summing - all were the same as the Total up to seven significant digits. A couple of numbers wandered at the 8th digit (to be expected as we are using 4-byte reals in the software). If you are still having problems with this, zip up the model (.impdb file) and send it to support@implan.com, be sure to tell us which scenario.
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