Summary
Exempts specific small manufacturers and producers from consumption or sales tax, listing numerous categories (blacksmiths, opticians, plumbers, cider millers, custom sign makers, photographers, professionals for printed matter, design model makers, floral arrangers, field coil manufacturers, broadcasters, picture framers, microfilming services, theatre groups, potting soil producers, artisans making handmade goods, steam producers, and motorhome importers/modifiers). Includes a $50,000 annual sales threshold for certain exempt manufacturers.
Reason
The regulation's intricate categorical exemptions impose significant hidden costs: they distort markets by arbitrarily favoring certain trades, create compliance burdens, and induce perverse incentives that hinder efficiency (e.g., artisans avoiding tools to remain exempt). Crucially, they weaken the coalition for tax reform by shielding some from the sales tax's burden. A simple, uniform revenue threshold would provide the desired relief more efficiently and neutrally.