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California Lawmakers Reach ‘Framework’ on Budget Deal: More TAXES!

What a Surprise!
Excerpt:

Under consideration are proposals to raise the state’s sales tax rate to 8.25 percent from 7.25 percent; increase the vehicle license fee to 1.15 percent from 0.65 percent of the value of the automobile; a 12-cent per-gallon excise tax on gasoline and a 0.25 percent surcharge on income taxes, according to a lawmaker briefed by party leaders who asked not to be identified because the presentation was confidential.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aYd2RCQU...



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