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The Senate continues to debate the tax bill, the most difficult piece of California's budget package. To close the $40 BILLION budget shortfall, the tentative budget deal includes vehicle license fee increases and higher gasoline, sales and personal income taxes.
When it's all said and done, California taxpayers could be saddled with as much as $70 billion of tax increases over the next five years.
So how much would the tax plan cost you? Use this calculator to see how California's proposed budget could affect your household.
This entry was posted
on 2.17.2009
at Tuesday, February 17, 2009
and is filed under
California Politics,
Economics,
Tax Policy
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