Saturday, March 14, 2009

NEW TAX RATE INCREASE as of APRIL 1, 2009

Well, it was bound to happen in this economy.
I just received a "Special Notice" in the mail from my State Board of Equalization effective April 1, 2009, the state sales and use tax rate increases by 1%.
"The 1% tax rate increase will expire on either July 1, 2011, or July 1, 2012 depending upon weather the voters approve the proposed Budget Stabilization constitutional amendment in a statewide election to be held May 19, 2009. "

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