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Corporate & Securities Law

: California Business Law Blog

California Legislature Plans To Increase Taxes

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a href="http://www.latimes.com/business/investing/la-me-fees18-2008dec18,0,5059016.story" target="new"State Democrats Plan To Increase Taxes/a, Los Angeles Times, December 17, 2008:blockquoteDemocratic legislative leaders are planning to use a series of complex legal maneuvers to raise Californians' gas, sales and income taxes over the objection of Republican lawmakers, who have been able to block such proposals in the past.br /br /Under the Democrats' plan, sales taxes would increase by three-fourths of a cent. Gas taxes would go up by 13.5 cents per gallon. And a surcharge of 2.5% would be added to income taxes./blockquoteMore coverage: a href="http://www.latimes.com/news/local/la-me-budget18-2008dec18,0,1785472.story" target="new"California Democrats Devise Plan To Hike Taxes: br /By structuring them as fees, they would skirt GOP opponents and raise $9.3 billion; A court fight looms/a, Los Angeles Times, Decemeber 18, 2008.br / br /See also: a href="http://californiabusinesslaw.blogspot.com/2008/12/study-los-angeles-santa-monica-among-10.html"Study: Los Angeles, Santa Monica Among 10 Most Expensive Places to Do Business in United States/a

Full post as published by California Business Law Blog on December 22, 2008 (boomark / email).