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At 7.25%, California has the highest minimum statewide sales tax rate in the United States, [8] which can total up to 10.75% with local sales taxes included. [9]Sales and use taxes in California (state and local) are collected by the California Department of Tax and Fee Administration, whereas income and franchise taxes are collected by the Franchise Tax Board.
The department handles the vast majority of California's sales, use and excise tax assessment, auditing and collection. It also collects the 1.25% Bradley-Burns Uniform Local Sales and Use Tax and various 'district taxes'. Sales & use tax; Alcoholic Beverage Tax (contracted to administer on behalf of the Board of Equalization) California Tire Fee
By 2012, it had fallen slightly to the sixth highest rate, 10.9%, ($4,100 tax per capita, inflation adjusted). [29] 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.
Wausau, an artsy riverside city, has an average monthly homeownership cost of $1,749, including insurance and property tax — 30% lower than the U.S. average of $2,506.
Median household income and taxes State Tax Burdens 2022 % of income. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly.
The measure also provides for an increase in the state sales tax by 0.25 percent over 4 years (from January 1, 2013 through December 31, 2016). [3] The sales tax increase expired as planned at the end of 2016. The higher income tax rates were extended for 12 years through the end of 2030 with the passage of Proposition 55 in 2016. [5]
The unemployment rate in the Inland Empire has been consistently over the national average since 2007. 10.4 percent of Inland residents were unemployed as of August 2013, compared with the national rate of 7.3 percent. Due to the high unemployment and housing foreclosure rates, a higher percentage of Inland residents rely on public assistance.
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