Measure H will increase sales tax in Butte County and Chico, effective April 1, raising rates to 8.25% and 9.25%, respectively. Consumers are encouraged to make purchases before the increase, particularly on larger items, as retail managers highlight the savings opportunities. The revenue will support public safety and government programs.
The passage of Measure H will result in an increase in sales tax across Butte County, effective April 1. The sales tax rate will rise from 7.25% to 8.25% for the county, while the city of Chico will see an increase from 8.25% to 9.25%. This change has prompted consumers to reconsider their purchases, especially on large items.
Local reporter Bethany recently reported from an electronics store, highlighting the effects of the tax increase on consumer goods. For instance, a television priced at $5,299 incurs a sales tax of $437 at the current rate, which will increase by an additional $53 after the tax hike.
Retailers like Chad Jeakins, manager at Best Buy in Chico, are encouraging customers to seize the opportunity to make purchases before the tax rises. He stated, “It’s smart to take advantage of the current rates to save some money while you can.”
Moreover, the impending tax rise significantly affects major purchases, such as vehicles. For example, a $30,000 Mazda will see its sales tax increase by $300, from $2,475 to $2,745 after April 1. Joshua Meyer, sales manager at Volkswagen/Mazda Chico, affirmed, “Right now, buying before the tax increase is definitely a way to save money, and that’s a big plus for our customers.”
Car dealerships and appliance retailers anticipate an increase in customers looking to finalize their purchases before the tax hike’s implementation. The revenue generated from Measure H is earmarked for public safety and various government programs, providing additional resources for community needs.
In conclusion, the approval of Measure H will lead to higher sales tax rates in Butte County and Chico, prompting consumers to rethink their purchasing strategies, particularly for large items. Retailers are actively informing customers about the financial implications of the tax increase, emphasizing the potential for savings by purchasing before the deadline. The additional funds generated will support public safety and essential government programs, making the tax increase a pivotal topic for the community.
Original Source: www.actionnewsnow.com