Benoit: “No Joke – New Taxes Start Today”
This morning, my boss, Senator John J. Benoit, weighed in on the implementation of the higher State sales tax rate. Just a note, here in Riverside County, we don’t have too many local add-ons, so our rate is 8.75 percent. As the Board of Equalization notes (follow the link to see your own local sales tax rate), some jurisdictions have already topped a 10 percent sales tax!
… Read MoreToday, April 1, the State sales tax increase approved as part of the recent budget deal in February will go into effect, raising the sales tax in Riverside County from 7.75 percent to 8.75 percent. This one-cent tax increase represents a 12.9 percent increase in the sales tax, and is, at present, set to expire in two years.
Today’s tax hike