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California Sales Tax
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In 1989, property tax increase bailed out with sales tax (Grand Island Independent) The record for an increase in Grand Island city property tax rates was set during the 1989-90 budget year, when the property tax rate rose from about 52 cents per $100 of valuation to almost 71 cents per $100. Tesla Motors to stay in Calif. after tax break (San Francisco Chronicle) The company that built the first mass-produced, all-electric car will keep its manufacturing plant in California, thanks to a new state tax break. Gov. Arnold Schwarzenegger and state Treasurer Bill Lockyer worked out the deal for Tesla Motors Inc. after... High Gas Prices Mean Tax Windfall For State (CBS 13 Sacramento) The sky high prices you're paying at the pump benefit more than just the oil companies. With each gallon of gas we buy, there's a 5% sales tax, and because of high gas prices, the state is looking at gaining an extra $450 million compared to the same time last year. Task force targets 'fiestas' selling illegal raw dairy, other illicit goods (The Press-Enterprise) For sellers, these open-air markets are a quick way to rake in $1,500 to $2,000, tax-free. For buyers, these gatherings satisfy cravings for cultural traditions -- cheap, homemade cheese and an alcoholic beverage made with fresh raw milk. Tax break keeps electric car company in California (AP via Yahoo! Finance) The company that built the first mass-produced, all-electric car will keep its manufacturing plant in California, thanks to a new tax break. In 1989, sales tax bailed out high property tax increase (Grand Island Independent) A 21 percent increase in city property tax rates? Pshaw! That would not come close to being the largest one-year increase in the city of Grand Island's property tax rate. That dubious record was set during the 1989-90 budget year, when the property tax rate rose from about 52 cents per $100 of valuation to almost 71 cents per $100. That represented a one-year increase of 35.9 percent. Valley sales-tax revenues decline (The Fresno Bee) There's more bad news for some Valley cities already struggling with super-tight budgets: In the first quarter of 2008, sales-tax revenues took a nose dive. Another year, no state budget for California (The Santa Rosa Press Democrat) So the new fiscal year begins without a California state budget in place. So what's new'So the state has a whopping deficit and the governor and lawmakers don't really have a clue as to how it will be closed, or even if it will be. So what's new' California neglected to save for a fiery day (San Francisco Chronicle) California spent a record $392 million fighting fires across the state in the fiscal year that ended Monday, burning another hole in the state's already strained finances and forcing officials to dip into shrinking cash reserves to pay firefighting bills.... Automaker Tesla will remain in California (Everett Herald) The company that built the first mass-produced, all-electric car will keep its manufacturing plant in California, thanks to a new state tax break.
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