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M$1 February 19, 2009 06:26 PM

Does anyone know the details of the new California Budget they just passed?

Who won? Did the Governator get what he wanted or did the Dems win?
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February 19, 2009 07:07 PM
There's nothing firm to date, but the increased state taxes as of last week include:
increasing the sales tax by 1%
.25 percent increase in the state income tax through June 2010
increasing the vehicle license fee from .65 percent to 1.15 percent
unspecified increase of personal income tax by either surcharge or increase of tax rate.

More details will be available after the Gov's signature.
Source(s):
www.sacbee.com (the specific site I printed from last week has been removed)



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