Measure H will increase sales tax rates in Butte County and Chico starting April 1, impacting consumers and prompting retailers to encourage buying before the increase. The additional funds will support public safety and government programs.
Residents of Butte County and Chico will soon see a rise in sales tax beginning April 1 due to Measure H. The tax rate in Butte County will increase from 7.25% to 8.25%, while Chico’s rate will rise from 8.25% to 9.25%. Consumers are already reacting, especially regarding high-value purchases.
Local retailers are advising customers to buy before the tax hike takes effect. For instance, at a local electronics store, a television priced at $5,299 currently incurs $437 in sales tax, but after the tax increase, it will add an additional $53 on top of that total cost. Chad Jeakins, a manager at Best Buy in Chico, emphasizes the importance of taking advantage of current rates to save money.
The impact becomes even clearer for car buyers. A Mazda costing $30,000 presently incurs $2,475 in tax, but this will rise to $2,745 post-April 1, adding an extra $300. Joshua Meyer, a sales manager at Volkswagen/Mazda Chico, encourages customers to buy before the tax increase to take advantage of potential savings. Both dealerships and appliance retailers anticipate an increase in purchases before the deadline.
The revenue generated from Measure H will be directed toward enhancing public safety and supporting various government programs, underscoring the broader community benefits of the tax increase.
The imposition of Measure H will significantly affect sales tax rates in Butte County and Chico, prompting consumers to consider purchases before the increase. Retailers, including electronics stores and car dealerships, are actively promoting this timeframe to educate customers about the financial implications. Increased sales tax revenue will ultimately bolster public safety and government initiatives, enhancing community services.
Original Source: www.actionnewsnow.com
