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Showing posts from November, 2019

Election Day Is Here Remember To Vote No On Measure K

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Everyone Day Is Here!  Remember To Vote No On Measure K.  Don't pay higher taxes for your school supplies for your kids, your meals in town, the goods and services you buy in town or the cars you register here in town based on miss information.  Please Understand The Campaign To Pass The Largest Sales Tax Increase In Monrovia's History is using fear as the only basis to pass the sales tax increase. However, the law does not quite support that.  A city or county cannot levy more than a 2 percent sales tax increase above the 7.25% minimum according to California Rev & Tax Code § 7251.1 (the language is below) The combined rate of all taxes imposed in accordance with this part in any county may not exceed 2 percent. No tax shall be considered to be in accordance with this part if, upon its adoption, the combined rate in the county will exceed 2 percent. History of Recent Los Angeles County Sales Tax Increases Showing Los Angeles County Has Reached The Cap E...

The Use Of Fear To Pass The Largest Sales Tax Increase In Monrovia History

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Please Understand The Campaign To Pass The Largest Sales Tax Increase In Monrovia's History is using fear as the only basis to pass the sales tax increase. However, the law does not quite support that. Background Of The California Sales Tax Under California law, the state of California collects a minimum 7.25% sales tax. California law requires the state to send back 1.25% of that amount collected to the county and local governments. The city of Monrovia receives 1% of the revenue collected from the minimum sales tax. This does not include the additional amounts the City of Monrovia collects from property taxes. Local counties and municipalities can levy additional sales taxes on top of that minimum 7.25% amount, generally not to exceed 2 percent for a County or City. A city or county cannot levy more than a 2 percent sales tax increase above the 7.25% minimum according to California Rev & Tax Code § 7251.1 (the language is below) The combined rate of all taxes impose...