California Budget Compromise Tax Changes
Here are some charts about how the California budget compromise will change some key taxes.
|
Personal Income Tax |
||
|
Income Levels |
Current Rate |
New Rate* |
|
>$0 |
1% |
1.05% |
|
>$7,168 |
2% |
2.10% |
|
>$16,994 |
4% |
4.20% |
|
>$26,821 |
6% |
6.30% |
|
>$37,233 |
8% |
8.40% |
|
>$47,055 |
9.3% |
9.77% |
|
>$1,000,000 |
10.3% |
10.82% |
|
*-Increase would be cut in half if state receives more than $9.1 billion in federal stimulus funding. |
|
Sales Tax (state and key cities) |
||
|
City |
Current Rate |
New Rate |
|
(State Base) |
7.25% |
8.25% |
|
Los Angeles |
8.75% |
9.75% |
|
San Diego |
7.75% |
8.75% |
|
San Jose |
8.25% |
9.25% |
|
San Francisco |
8.50% |
9.50% |
|
Long Beach |
8.25% |
9.25% |
|
Fresno |
7.975% |
8.975% |
|
Sacramento |
7.75% |
8.75% |
|
Oakland |
8.75% |
9.75% |
|
Santa Ana |
7.75% |
8.75% |
|
Anaheim |
7.75% |
8.75% |
|
Bakersfield |
7.25% |
8.25% |
|
Riverside |
7.75% |
8.75% |
|
South Gate |
9.75% |
10.75% |
|
Vehicle License Tax |
Current Rate |
New Rate |
|
Statewide |
0.65% |
1.15% |
|
Gasoline Tax |
Current Rate |
New Rate |
|
Statewide |
18¢/gallon |
30¢/gallon |
Was this page helpful to you?
Thank You!
The Tax Foundation works hard to provide insightful tax policy analysis. Our work depends on support from members of the public like you. Would you consider contributing to our work?
Contribute to the Tax FoundationLet us know how we can better serve you!
We work hard to make our analysis as useful as possible. Would you consider telling us more about how we can do better?
Give Us Feedback