Subject: txt cali tax -
Do you buy bottled water? Bad for the environment; good for state coffers.
Have a sweet tooth? Your dentist may tell you to cut back on candy, but your legislator might say please don't.
Knock back a few beers on a hot summer day? As long as you're not driving, swill away. Your state needs you.
Taxes on candy, gum, bottled water and beer are expected to bring in a combined $122 million over the next year to help deal with a $2.8 billion state budget gap.
Smokers and soda-sippers also are being tapped: A $1-per-pack boost in the cigarette tax kicked in May 1, and a tax on carbonated beverages starts July 1. Together, those two are expected to bring in $135 million by the end of June 2011.
Those taxes and more — nearly $800 million in all — are being added to keep government spending levels where they are despite a recession occurring in the private sector...
READ MORE
.
No comments:
Post a Comment