Results tagged “salestax”

Do Increased Parking Meter Rates Decrease Sales Tax Revenues?

Without too much discussion last year, the L.A. City Council raised parking meter fees citywide to at least $1 an hour at all meters. Times were also extended, angering some businesses, especially theatres in the NoHo Arts District where patrons potentially had to leave during intermission or in the middle of the show to refill a meter. A year later, some businesses still see a drop in business with blame towards increased rates, says the Daily News:

How Deep is Your Love...for Sales Tax Increases?

Get ready to reach a little deeper into your pockets come July 1, as several Southern California communities will be seeing a hike in sales tax. The increases are the result of voter and California Board of Equalization approval, explains abc7, although some local areas will actually see a drop, like Orange County's Laguna Beach, where the "city council discontinued a temporary tax increase." Here's where you'll be paying a half-percentage point more in sales tax starting next month: Los Angeles County (9.75 percent); Avalon (10.25 percent); El Monte (10.25 percent); Inglewood (10.25 percent); Pico Rivera (10.75 percent); South Gate (10.75 percent). What do you think? Are sales tax increases the way to go to help us through the economic hard times? Will this affect your spending habits?

Cigarette & Sales Tax Increases, Federal Tax Cuts All Begin Today

It's April 1st and that means a few things other than your taxes are due in 15 days. The state's sales tax increases today by 1%, meaning within the city of Los Angeles, we'll be paying 9.25%. That is, until July when Measure R kicks in lopping on another half cent, meaning we'll have a 9.75% sales tax. And wait, there's more: on the May 19th statewide special election ballot, Prop 1a asks us to extend higher taxes by one to two years beyond the 2011 expiration. For some other cities in LA County, their sales tax is getting close to 11%.

New State Budget Will Bring a 9.75% Sales Tax to LA County

Finally, the state senate and assembly came to a compromise and passed the much needed budget. "Our work is not over," tweeted Governor Arnold Schwarzenegger. "We were in a crisis. But crisis provides opportunity for real reforms for California."

Should the City have Waived Fees for the Grammy Awards?

In a time when the city of Los Angeles is in the red by $433 million, the Grammy Awards yesterday got $124,163 in special event fees waived (you know, permits, officers, street closures and the like). With city services being cut and fees to residents being raised (like parking meter rates, etc), some folks are not happy. After all, with all the advertising, the glamour and lawsuits against college students, the music industry can't afford this drop-in-the-bucket (to them) fee?

Although it was predicted to win the day after the election, Measure R, the half-cent tax increase that is expected to raise $30 to $40 billion over the next 30 years for transit projects, finally passed today with 100% of the votes tallied.

The sales tax hike proposed by Governor Arnold Schwarzenegger yesterday raised more than just some eyebrows around the Southland, as the plan includes taxing things that were previously un-taxed, including amusement park admission tickets. The tax on entry to places like Disneyland would begin on March 1, 2009 if the proposal is to go through, and the folks at the mighty Mouse are mad:

“We oppose the Governor’s proposed theme park tax because it unfairly targets the tourism industry and may deter new visitors to the Golden State at a time we need them most,” said resort spokeswoman Lisa Haines in an e-mail statement. “This tax is not worth the risk to an industry that is a proven job creator and economic engine for California’s growth.”
The rate increase would bring sales tax in Orange County to 9.25%, which would then be tacked on to the already pricey admission to the Happiest Place on Earth, which soared to $69 just this August.

Major one-up for Measure R, the proposed half-cent sales tax increase that would go towards transportation projects. The LA Times says it's bad timing with the current economy, but now is the time, despite what the naysayers claim. "The official opposition to Measure R comes mainly from politicians from far-flung parts of the county who claim that they wouldn't get their fair share of the tax money; they tend to favor a regional distribution scheme in which funds would be split evenly. That's not just parochial, it's naive. A well-designed transportation network relieves bottlenecks in places where demand is greatest, and such high-density corridors aren't evenly distributed on the map."

In a scathing editorial, the Long Beach Press-Telegram is telling people to vote no on Measure R, the LA County ballot initiative that will raise the sales tax one half-cent in order to raise $40 billion over 30 years for transportation projects. Complaining that Southeastern LA County will not get much, if any, of the funding (did they even speak up like the San Gabriel Valley did?) and focusing their attention on West LA commuters and the proposed Subway to the Sea, the paper seems to ignore that their region's constituency ties for second in usage of said subway. And this is only the beginning in the fight over Measure R.

For those who have been following Assembly Bill 2321, you can take a breath of relief. Gov. Arnold Schwarzenegger signed the bill into law yesterday afternoon, allowing Metro to place a half-cent sales tax increase proposal on this November's ballot. It will take a 2/3rds vote to pass and if it does, it could raise $30-40 billion in funding for transportation projects over the next 30 years. On the ballot, it is known as Measure R and a website from the proponents will be launched soon. Metro, who obviously wants initiative to pass, has already launched a website to, uh, inform the public about the measure, but nothing, uh, more.

Political consultant Ace Smith, who has worked for Mayor Villaraigosa and ran Sen. Hillary Clinton's campaign in several states including California, has been hired to run the campaign for Measure R, which will raise LA County's sales tax by a half-penny to pay for transportation projects if passed by voters in November.

If you've been following state Assembly Bill 2321, which simply allows Metro to place a half-cent sales tax increase proposal on this November's ballot, it's been a long, long summer.

With one more step to go until the half-cent sales tax increase proposal goes on the November ballot, Metro has launched an extensive website to inform the public what a "yes" vote would mean: "Measure R is a half-cent sales tax increase that will provide the local resources to finance new transportation projects and accelerate those already in the pipeline. Over 30 years, it is expected to generate $40 billion for countywide congestion relief projects – and attract additional state and federal matching funds that will otherwise go to another county. The average cost is $25 a year per person." (thanks, Curbed LA!)

Even though it is Labor Day weekend and the state has entered into a historic period without a budget, good news came Sunday for public transportation advocates and well-wishers. AB2321, the bill that would allow Metro to put a half-cent sales tax increase on the November ballot that could raise $30-40 billion for transportation projects over the next 30 years, took another critical step: the state Assembly passed it. That means two more steps until Los Angeles has higher taxes, but better public transportation: governor Schwarzenegger must sign the bill (he promised not to sign any until the budget mess was over, but he is wishy washy) and the people of LA County must vote for it.

For those of you following AB 2321, a state assembly bill that would allow Metro to put a proposed half-cent sales tax increase on November's ballot (they say it could raise $30-40 billion dollars over 30 years), it passed out of the state senate this afternoon, according to Steve Hymon at the Bottleneck Blog.

Metro has their half-cent sales tax increase proposal working its way through the capitol, but Schwarzenegger has his own sales tax increase he officially announced yesterday within a large budget compromise. Here's one part of his plan to fix the $15 plus billion budget: "A temporary 1-cent sales tax increase for three years (excluding diesel, gasoline and jet fuel) followed by a permanent 1¼-cent reduction beginning in year 4. The additional ¼-cent reduction would be a permanent base sales tax reduction beginning when the 1-cent increase is no longer in effect." But come November, Schwarzenegger backed initiatives like Proposition 1 for the High Speed Rail train from LA to SF could easily put us back into deficit. And if both taxes are approved, Los Angeles County is looking at a 9.75% sales tax.

A huge hurdle has been cleared so that a half-cent sales tax increase proposal can be on November's ballot. Yesterday afternoon, a state Senate committee approved the bill that allows LA County to ask for the tax hike. If it makes it there and is approved by voters, it could raise $30 to $40 billion a year over the next 30 years for public transit and other transportation projects. But first, a few more hurdles to get through until major transportation funding.

State Senator Jenny Oropeza represents coastal areas, including LAX, and also sits on the Senate Appropriations Committee that's currently deciding the fate of AB 2321 which will allow a measure asking the people to vote on a sales tax increase that would go towards transportation, mostly public transit projects like the "Subway to the Sea" and a Green Line extension to LAX.

What a week. As we wait for state politicians to decide if a sales tax transportation increase can be put on the ballot for voters to decide, the LA County Board of Supervisors are going to revisit their decision of putting it on the general ballot or a separate, confusing and costly one.

Forget the LA County Board of Supervisors for a moment and listen to this: Gov. Schwarzenegger just made an ultimatum with state legislators: "Until the Legislature passes a budget that I can sign, I will not sign any bills that reach my desk," he said in a press conference this afternoon.

The LA County Board of Supervisors voted not to put Metro's proposed half-cent sales tax increase that would raise $30 to $40 billion towards mostly public transit projects on the ballot in November. It could still be voted on, just via a separate (and confusing) ballot process (as Steve Hymon notes, remember Super Tuesday's "double bubble" trouble?). And it would cost millions.

The half-cent sales tax increase that is projected to bring in $30 to $40 billion over the next 30 years and has been a focus for Metro in getting the proposal on November's ballot has been an long and stressful journey. Today did not help.

LA County residents have been hearing all about a half-cent sales tax increase that we could be voting on in November at the ballot. It's a big could, depending on a state committee, but if it goes through and passed by voters, Metro would get an extra $30 to $40 billion over the next 30 years for transportation projects ("Subway to the Sea" being one of them). But today, to fix the state deficit, Gov. Arnold Schwarzenegger has proposed a one-cent statewide increase that would raise an expected $4 to $5 billion a year, says the Sacramento Bee. The state currently has a $15.2 billion budget deficit. The current statewide sales tax is 6.25% 7.25%, but LA County has local tax additions that bring it up to 8.25%, which would go up to 8.75% if the transit measure were to be passed in November. If both taxes get passed, LA County is looking at a 9.75% sales tax.

It's 11:45 a.m. and City Council is in session getting ready to vote on an item supporting Metro's proposed half-cent sales tax for transportation projects. Their vote would also tell Metro which projects are priorities for the city, including the possibility of a downtown streetcar and getting the Green Line to actually hit LAX.

Today is the regularly scheduled Metro Board meeting. But there's nothing regular about it. Two very important measures that could give long lasting positive changes to public transit are up for a vote: an increase of the county's sales tax to raise money for projects like the "Subway to the Sea" and the long range transportation plan which would give the region a vision to work towards. The sales tax increase, which has a lot of political support, still depends on a few state votes up in Sacramento, so even after today if Metro passes the measure, we still have to wait for the state politicians to give it a thumbs up as well.

As gas prices rise and government coffers tighten, the city of Santa Monica's Big Blue Bus service is asking for Santa Monican's and the public-at-large's help for an issue that reaches far beyond the oceanside city's boundaries.

1 2