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Sure: California recently increased it's sales tax by 1%. Sales Taxes are 30% of the California budget, so that equates to a 3% change in revenue. That's more t

• ac29 11y ago
  >California recently increased it's sales tax by 1% If by "recently" you mean 2009, then yes. However that went back down in 2011. CA State sales taxes have been within ± 0.5% of 7.75% since 1991 (aside from a 1 year dip to 7%) [1]. [1] https://www.boe.ca.gov/sutax/taxrateshist.htm https://www.boe.ca.gov/sutax/taxrateshist.htm
• dragonwriter 11y ago
  > Sure: California recently increased it's sales tax by 1%. Presumably, you are referring to the 1% temporary 2009-2011 boost during the budget crisis, from 6.25% to 7.25% > Sales Taxes are 30% of the California budget, so that equates to a 3% change in revenue. All other things being equal, assuming 30% of the budget is sales tax before the increase, a 6.25% to 7.25% increase in sales taxes is closer to a 5% overall increase in revenue.