Majority Of Californians Willing To Pay More Taxes?
INDUSTRY NEWS, LOCAL GOVERNMENT
July 6th, 2010
Apparently so according to the California Taxpayers Association(Cal Tax) reporting on recent election victories for bonds, hotel, parcel, sales and utility taxes. 44 of 64 local tax measures passed on the June 8 ballot with three more remaining too close to call. Based on these results, expect more cities up and down the state to place tax initiatives on the November ballot.
Cal Tax cited the following new tax proposals as proof local officials are cooking up new revenue schemes:
- San Fransisco Supervisors are considering a tax on commercial rents, a parking tax and an increase in the property transfer tax
- Santa Rosa is pondering an extension of the utility user’s tax to cell phones and asking area hoteliers to add 3% to the bed tax
- Los Angeles is considering a parcel tax to help fund the libraries, despite the failure just days ago of a tax measure to help schools
Redding has kicked around the idea of placing a sales tax hike on the ballot in recent times. I suspect Northstate residents would vote down any new tax regardless of the intended usage of those revenues.
530-224-6767 or 530-941-7492
BRAD GARBUTT
REALTOR/BROKER ASSOCIATE
REAL LIVING REAL ESTATE PROFESSIONALS
CORNER OF COURT AND PLACER IN REDDING
MORE THAN 25 YEARS LOCAL REAL ESTATE SALES EXPERIENCE
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