9.25% Sales Tax in O.C.

<em>http://ocbiz.freedomblogging.com/2008/11/06/schwarzenegger-wants-925-sales-tax-in-oc/4502/</em>





That's gonna be tough on business for sure.
 
Talk about shooting yourself in the foot - I've never been the biggest fan of Laffer-type economics, but how can someone not look for out-of-state options on almost every purchase? This is just the biblical plague small businesses (and consumers) need now.
 
[quote author="EvaLSeraphim" date=1226057313]In addition to reinstating the Vehicle License Fee to its full two percent, the State also needs to change the child exemption (or was it a credit?) to what it was before the tech bubble surplus. The fact is, the State is collecting revenue at the rate it was when we had a surplus, except that we no longer have the surplus. :shut:</blockquote>


California is the 6th most heavily taxed State. There's not a lot of upside left. Taxes won't fix it.



2% vehicle license fee, sounds great. I wonder if that'll further suppress 30% plus drop in auto sale?



1.5% increase in the sales tax, totally great. Internet here I come.
 
<img src="http://www.ipoplaya.com/ir5.jpg" alt="" />



IR, since you're going to be a public figure now, you gotta do something about that tacky make-up line. I believe the thing is to "blend" your colors so that your face doesn't look so pale next to your neck ;)
 
[quote author="halfnote19" date=1236919582]Has anyone heard anymore about the tax increase?

Do they plan on still implementing it?</blockquote>
Goes into effect on April 1st baby!
 
Ever hear a cop, teacher, college admin, guard or nurse complain about their pay relative to 'the private sector'?



Well, now they'll be the only ones left in California with a job. Congratulations! Thanks, Sacto, heckuvajob.
 
[quote author="usctrojanman29" date=1236924272][quote author="halfnote19" date=1236919582]Has anyone heard anymore about the tax increase?

Do they plan on still implementing it?</blockquote>
Goes into effect on April 1st baby!</blockquote>
I'll have to plan to do all my big purchases before then.
 
Here is my thing about the tax increase. . . IT IS NOT THAT BIG OF A DEAL.



I will have to scrunge up the extra penny when I get my double cheese burger. . .



Also, with respect to the California Republicans who cry so much about "spending", it is a big sham. I was listening to KPCC a couple weeks ago and that they interviewed Tom McClintock, Mister no spending, no taxes man while he was in California assembly who became a congressman, about Obama's plans. He basically stated that he was worried about the extra governmental spending. At the end of the interview, the reporter stated that Mr. McClintock is now SEEKING FUNDING FOR A DAM IN HIS CONGRESSIONAL DISTRICT. Yeah, like we do not have enough dams in this state.
 
[quote author="IrvineCommuter" date=1236987584]Here is my thing about the tax increase. . . IT IS NOT THAT BIG OF A DEAL.



</blockquote>


IC, I am so gald to hear that is not a big of a deal for you. The total increase will cost my family more than $2500 a year of extra tax. And it is a BIG deal for me. I would have used this $2000 to pay for my kids education / activates, or help our my in-laws who have low income, etc.



CA has among the highest income tax, highest sales tax, and highest unemployment rate. Our gov. spending increased disproportionally to inflating, and population increases in the last ten years. The spending cap proposition 1a and 1b is a joke.



NOT A BIG DEAL until the people who actually pays most of the tax bills decide to leave. I know people are not leaving yet. But remember, there will be that day, when a little "straw" will break the Camel's back.
 
[quote author="irvine123" date=1236988609][quote author="IrvineCommuter" date=1236987584]Here is my thing about the tax increase. . . IT IS NOT THAT BIG OF A DEAL.



</blockquote>


IC, I am so gald to hear that is not a big of a deal for you. The total increase will cost my family more than $2500 a year of extra tax. And it is a BIG deal for me. I would have used this $2000 to pay for my kids education / activates, or help our my in-laws who have low income, etc.



CA has among the highest income tax, highest sales tax, and highest unemployment rate. Our gov. spending increased disproportionally to inflating, and population increases in the last ten years. The spending cap proposition 1a and 1b is a joke.



NOT A BIG DEAL until the people who actually pays most of the tax bills decide to leave. I know people are not leaving yet. But remember, there will be that day, when a little "straw" will break the Camel's back.</blockquote>


I was commenting on the 9.25 sales tax not the tax increase in Income tax. Trust me. . .I do not want to pay more taxes either.
 
"NOT A BIG DEAL until the people who actually pays most of the tax bills decide to leave. I know people are not leaving yet. But remember, there will be that day, when a little ?straw? will break the Camel?s back."



Wanna know who the "people who actually pays most of the tax bills" are in this state upon whom most of the livelihood of the state depends? Just drive the freeways in the morning on Martin Luther King's Day. If these folks (already a small crowd, as evidenced by the lack of traffic) decide to pull up stakes, you will have a state filled with government employees. Such a state can not exist and you can only confisicate so much money from them before they WILL leave!
 
The BS part about the whole thing, is that CA pushed up the due dates for annual LLC fee, by 10 months. So I'm paying $6k on Apr 15, then another $6k on June 15. Sales tax, VLF increase isn't significant for us OC people. Its what, 300 bucks for the entire year? I'll gladly pay that, just don't make me pay $6k 10 months early! MAD.
 
[quote author="no_vaseline" date=1226043984]It's not like he couldn't start to fill the hole by following the law and restoring the Vehicle License Fee ..............



<a href="http://en.wikipedia.org/wiki/Arnold_Schwarzenegger">http://en.wikipedia.org/wiki/Arnold_Schwarzenegger</a>



<img src="http://ginacobb.typepad.com/gina_cobb/images/gray_davis_puppet.jpg" alt="" />



Eat sh*t Arnold. Where's my audit you promised when you recalled Gray? Where's my piles and piles of government waste?



They have to raise taxes somewhere, or reduce the size of goverment which means prisons (releasing inmates) or cutting off the old and indgent who get MediCAL. There are no other options. The cut-taxes-and-increase-spending train has ran to the end of the dirt road.</blockquote>


While CA does have an unusually large amount spent on prisons, much of the cost has been put in places where it is hard to find. Much of government budgeting and accounting either hides what is really going on, or makes it hard to find where the inefficiency is at. It's not that the State claims to spend $130 billion a year and is really spending $150. It's more like in past years they spent $130, but committed to another $20 in various ways.



One of my favorite targets for eliminating waste is impossible to find from financials, but is pretty easy to see in person. In LA, full size firetrucks with 3-4 people show up for straight paramedic calls. There is usually at least one ambulance, one fire dept paramedic, and one big red firetruck normally used for house fires. Why? I'm going to bet it's some sort of work rule that initially sounded reasonable to somebody, and then it became really tough to repeal. You don't need nonparamedic firefighters at a nursing home for a heart attack. You don't need them when a couple of drunks got in a fight. People do not just combust because they are sick or injured. You would need some other form of hazard for that, like an actual fire, or at least an auto accident where there might possibly be a risk of fire or hazardous chemicals to clean up.



There are an assortment of services you have to do in person in much of CA which are online elsewhere. That means a bigger building to heat and cool, parking, security, more employees.



Some jobs don't really need to exist. Much of California's income tax system could be replaced (if you could get past the onslaught of special interests). Other states have much simpler systems. A simple example is Rhode Island, which say "multiply your federal income taxes by 25%, send us a check". Pretty easy to administer.
 
85% of the state budget is schools, prisions, mediCAL. It looks like the budget is now a total of $50 billion short.



<a href="http://www.businessweek.com/ap/financialnews/D96TDKL81.htm">The new budget is already busto.</a>



I don't think sending out the whole world on an ambulance call is bankrupting the state, but maybe.



<a href="http://answers.yahoo.com/question/index?qid=20080125120407AA8SDIH">I think you're fire truck answer is somewhere here. Yes, they are usually over reacting.</a>
 
[quote author="buylowsellhigh" date=1237046608]The BS part about the whole thing, is that CA pushed up the due dates for annual LLC fee, by 10 months. So I'm paying $6k on Apr 15, then another $6k on June 15. Sales tax, VLF increase isn't significant for us OC people. Its what, 300 bucks for the entire year? I'll gladly pay that, just don't make me pay $6k 10 months early! MAD.</blockquote>


Why on earth are you incorporated in CA? For God's sake, set up a Nevada Corp (or AZ or NM). CA LLC tax is Bull. Other states let you incororate for a smaller fee and don't have annual fee's.
 
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