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Re: “New Tax Threatens Oakland's Small Businesses

No, the article states that Perata's tax proposal would raise sales taxes in addition to the state tax rate. Perata's tax proposal would exist whether the 1% tax increase stayed or not. From the article:

"There is a chance that state lawmakers will allow a 1 percentage point sales tax hike implemented in April 2009 to lapse next summer. The basic state rate would then return to 7.25 percent, meaning Perata's proposal would put Oakland's tax rate at 9.25 percent — lower than the current rate, but still higher than all other cities in Northern California."

Posted by JHR on 07/03/2010 at 9:20 AM

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