Posted by Member, a member of the Amador Valley High School community, on Jun 30, 2011 at 9:51 am
The main part of the story is a nice tax reduction for us.
The other part of the story (regarding Amazon) shows how business is driven away from a state by taxes. The last paragraph of the story talks about how CA plans to change tax aspects for Amazon, so Amazon will move 25,000 to another state. Those people were accounting for $152,000,000 of tax revenue last year.
So as the bureaucrats do something that they foolishly and simple-mindedly think will increase tax revenues by increasing a tax rate structure, the real result will be a loss of tax revenue.
Posted by RestOfStory, a resident of the Amador Estates neighborhood, on Jun 30, 2011 at 11:58 am
Purchases through Amazon.com will continue to be tax free. All its California-based affiliates were informed that as of yesterday (when Brown signed this legislation) their relationship with Amazon was terminated. Amazon did the same thing in New York in response to similar legislation. The result of this empty effort is that California will not collect one more dime of sales tax, many small marketers will take their business outside California, and what sales and income tax those companies previously paid will vanish. Employees of these companies will also loose their jobs. Nice move Democrats! The only positive outcome out of this is that there will be a few less residents in the state and the undersized freeway system will be a little less congested.
Posted by OtherTaxCuts, a resident of the Canyon Oaks neighborhood, on Jun 30, 2011 at 12:04 pm
In addition to the return of the sales tax to its previous level, your car tax (Vehicle License Fee) will be nearly cut in half. However, the Democrats did institute an increase in "fees" ($12, I believe). Also expiring, as of Dec. 31, 2010 are the two other 2009 tax hikes (0.25% state income tax hike and slashing $200 per child or adult from the state dependent tax credit).
Posted by YourPunishment, a resident of the California Reflections neighborhood, on Jun 30, 2011 at 12:11 pm
This so-called "austerity budget" administers its cuts where you will feel the pain. The Democrats refused to cut the structural waste and are cutting valued services instead. For example, 70 parks will be closed. This "public punishment" demonstrates the vise grip that the government unions and the resulting entrenched bureaucracy have on California state government. Instead of demanding efficiency and frugality and wisdom and an end to disgusting waste, fraud, inefficiency, duplication, and harmful social programs, the Democrat politicians have loyally refused to bite the hand that feeds them and gets them reelected each year. (Most of the campaign contributions to Democrat politicians are from wealthy government unions). This is a spirit of stealing and taking away what you already paid for. Cutting legitimate services will hurt the economy too.
Come November, we will face a tax increase on the ballot. If we refuse to give them more money, they will make major cuts in the funds going to schools. That will certainly educate the tax payers in this state! I hope that they remember their lessons come election time.
Posted by Mike Evans, a resident of another community, on Jun 30, 2011 at 10:44 pm
Keep the sales tax increase (only 1%) and add a gasoline tax. Stupid to force on line retailers to collect tax. We lose $157 million plus the jobs associated with 25,000 businesses!!! Dumb state senate/assembly/governor!!
Posted by Leland, a resident of the Happy Valley neighborhood, on Jul 1, 2011 at 5:48 am
I love the tax reduction and the elimination of the tax on wealthy. I get more money, and Cal State students this year will have to fork over an additional 23% in tuitions and fees, and get less for their money with teacher lay-offs and course reductions. Meanwhile, me and the wife plan on using this windfall to travel to New Zealand and spend our newly acquired money over there. Thank God the Republicans had the guts to get me my vacation money at the expense of students. Don't you love it? Higher student tuitions is as it should be. After all, the rich should have an easier educational time than poor people don't ya think? We deserve it because, well, we're wealthy.