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  2. Taxation in California - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_California

    1.25% – Uniform Local Tax. 0.25% – Local County – Transportation funds. 1.00% – Local City/County – Operational funds. The statewide sales tax in California was first imposed on August 1, 1933, at the rate of 2.50% under the "Retail Sales Act of 1933." [11] No local sales taxes were levied at that time.

  3. 1978 California Proposition 13 - Wikipedia

    en.wikipedia.org/wiki/1978_California_Proposition_13

    California has the highest marginal income and capital gains tax rate and is in the top ten highest corporate tax and sales tax rates nationally. In 2016, California had the 17th-highest per-capita (per-person) property tax revenue in the country at $1,559, up from 31st in 1996.

  4. Sales taxes in the United States - Wikipedia

    en.wikipedia.org/wiki/Sales_taxes_in_the_United...

    Currently, the majority of Utah's aggregate sales taxes are in the range of 6.1 – 8.35%. Utah has a 16.350% sales tax on rental cars in Salt Lake City. [192] The sales tax on food and food ingredients is 3.0% statewide. This includes the state rate of 1.75%, local option rate of 1.0% and county option rate of 0.25%.

  5. Economy of California - Wikipedia

    en.wikipedia.org/wiki/Economy_of_California

    The basic statewide sales and use tax rate is 7.25% and is divided as follows: 6.50% State, 0.75% plus a 0.25% local transportation fund to city or county of place of sale (distributed quarterly). All taxes above 7.25% are so called "district taxes" which are imposed locally, after an area wide vote, under the Transactions and Use Tax Law ...

  6. New ballot initiative reforms how many taxes are gathered in ...

    www.aol.com/ballot-initiative-reforms-many-taxes...

    California’s Proposition 13 is a landmark law passed by voters in 1978 to limit how much property taxes can increase for homeowners and is one of the few taxpayer protections that Californians ...

  7. Sales tax - Wikipedia

    en.wikipedia.org/wiki/Sales_tax

    A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point of purchase. When a tax on goods or services is paid to a governing body directly by a consumer, it is usually called a use tax. Often laws provide for the exemption ...

  8. What Is the California Earned Income Tax Credit? - AOL

    www.aol.com/california-earned-income-tax-credit...

    Attach the form to your California Form 540, Form 540 2EZ, or Form 540NR. ... Multiple children do not increase the credit amount. ... other taxes, such as California sales taxes, ...

  9. How High Are California Capital Gains Taxes? - AOL

    www.aol.com/much-capital-gains-tax-cost...

    With local sales taxes added on, the sales tax rate in some municipalities can climb as high as 10.25%. Property taxes in California can’t exceed 1% by law. There is no estate tax or inheritance ...