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A tax cut for Californians? Yes, really
The Sacramento Bee: Californians are about to enjoy a rare tax cut.
Statewide sales tax rates will fall a quarter-point effective Jan. 1 with the expiration of a temporary tax increase approved by voters four years ago.
The state rate will fall back to 7.25 percent with the start of the new year. However, many local jurisdictions tack on their own sales taxes, so many Californians actually will pay a rate above 7.25 percent.
For instance, Sacramentans will pay 8.25 percent on purchases within the city instead of 8.5 percent. In Sacramento County, the new rate will fall to 7.75 percent.
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