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State Sales Tax Drops A Quarter Cent for 2017

Benjamin Franklin said a penny saved is a penny earned, but with the arrival of the new year, the state of California will be saving you a quarter of a cent for every dollar you spend. The sales tax is going down because the tax from Proposition 30, passed in 2012, has expired. Prop 30 was a temporary tax to help prevent cuts in education. Venus Stromberg with the state Board of Equalization says you probably won’t notice the savings…

Listen to Venus Stromberg 1

Businesses are being advised to set their registers to the new rate, which is now seven and a quarter percent, plus any city or county sales taxes such as the just-approved Measure C in Nevada City, and Measure N in Grass Valley, which voters approved in 2012. Stromberg says if you pinching those pennies, you might want to check your receipt and make sure you got the correct rate…

Listen to Venus Stromberg 2

The website is www.boe.ca.gov.

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