Fourth of July is coming up, next Wednesday! I hope to see some of you in the conga line over to Hamilton City to pick up your Independence Day paraphernalia – don’t forget to hit El Patio for some chips and salsa.
The Fourth is my favorite holiday, and I like to celebrate. This Sunday I will be over at the library at 11:30 am for a meeting of the Chico Taxpayers Association. I’d like to compare notes about the November ballot sales tax hike initiative. Jerry Brown’s original proposal has been toned down and merged with the so-called “Millionaire’s Tax.” This hybrid would raise California’s sales tax from 7.25% to 7.5%, while also raising income tax rates on individuals earning over $250,000 – creating three new high-income tax brackets for taxpayers with taxable incomes exceeding $250,000, $300,000, and $500,000. I think the rhetoric in this campaign will be interesting.
We’ll also compare any notes we have on the telephone tax, but we probably won’t have much to chew on until the proponents – led by Mayor Ann Schwab – hand over their ballot arguments.
REMEMBER! This Friday will be your last opportunity to get your Utility Tax rebate for 2012, those of you who qualify might want to hustle on down there. I heard from Dave, who said he went in and got his exemption – GO DAVE! I think anybody who has qualified two or more years in a row should be eligible for an exemption, to be renewed with documentation every three to five years, like the low-income rate assistance programs offered by PG&E, Cal Water and the phone companies. But, if wishes were horses, we’d all be hip-deep in horse crap, wouldn’t we?
I realize, if you work 8 – 5 you can’t get your rebate in person. But, I’d also say, if you have more than two people in your household, you will probably find it’s worth the trouble to copy your bills – especially PG&E – and mail them in. You’d only need the first page, and you can do two-sided copies. It shouldn’t take more than two stamps to mail the whole mess. Remember to blot out your SSN’s on the copy of the first page of your tax return.
And remember, it’s not about the money, it’s about the message.
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