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Written a few years ago - has anything changed for the better?
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<p>[QUOTE="Brett_in_Sacto, post: 2411285, member: 71510"]The state and local don't tell the whole story. There's the addition of numerous additional sales taxes based on measures (increase funding for various things). There is nowhere in California currently charging the base 7.5%. Sacramento itself is now either 9.0% or 9.25%.</p><p><br /></p><p>Historical sales tax rate table for California - </p><p><br /></p><p><a href="https://www.boe.ca.gov/sutax/taxrateshist.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.boe.ca.gov/sutax/taxrateshist.htm" rel="nofollow">https://www.boe.ca.gov/sutax/taxrateshist.htm</a></p><p><br /></p><p>The same time window for minimum wage showed a similar increase to the cost of goods. ~300%</p><p><br /></p><p><a href="http://www.dol.gov/whd/minwage/chart.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.dol.gov/whd/minwage/chart.htm" rel="nofollow">http://www.dol.gov/whd/minwage/chart.htm</a></p><p><br /></p><p>So while people made 300% more, goods cost 300% more. </p><p><br /></p><p>And we can argue or bicker over exact timing - in general trend, prices went up equally with cost of goods ( both at ~300%) while sales taxes have gone up at double the rate of wages and prices at - per your math - ~592%.[/QUOTE]</p><p><br /></p>
[QUOTE="Brett_in_Sacto, post: 2411285, member: 71510"]The state and local don't tell the whole story. There's the addition of numerous additional sales taxes based on measures (increase funding for various things). There is nowhere in California currently charging the base 7.5%. Sacramento itself is now either 9.0% or 9.25%. Historical sales tax rate table for California - [url]https://www.boe.ca.gov/sutax/taxrateshist.htm[/url] The same time window for minimum wage showed a similar increase to the cost of goods. ~300% [url]http://www.dol.gov/whd/minwage/chart.htm[/url] So while people made 300% more, goods cost 300% more. And we can argue or bicker over exact timing - in general trend, prices went up equally with cost of goods ( both at ~300%) while sales taxes have gone up at double the rate of wages and prices at - per your math - ~592%.[/QUOTE]
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