Sales Tax Fades as Fuel for California Government

From The LA Times:

More than three decades ago, 53 cents of every dollar Californians spent generated sales tax revenue for the state.

It’s been a long slide since then, dropping to only 33 cents last year.

Even though the sales tax remains Sacramento’s second-biggest source of revenue, it’s grown much more slowly over the years.

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Comments

  1. Read 1st ARTICLE: 11 Billion in new taxes???? Not to worry,
    the Kallifornia “porkaticians” will get your money come hell
    or high water.

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