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Sales Tax Increase for Public Transit to Cost $25 Annually

Sales Tax Increase for Public Transit to Cost $25 Annually

As an assembly bill that would enable Metro to put a half-cent sales tax increase on November's ballot makes its way towards the state Senate this month, a report released from the Los Angeles County Economic Development Corporation (LAEDC) said that such an increase would only cost people $25 extra per year (if the sales tax rate goes up, it will go from 8.25% to 8.75%, "translating to an extra 50 cents in taxes for every $100 you spend on goods and service," says Road Sage Steve Hymon). more ›

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