California Proposition 30 Results: Statewide Sales Tax Decrease
Aaron Giles • February 1, 2017
Following California's proposition 30 results, residents will see statewide sales and use tax decrease from 7.5% to 7.25% beginning January 1, 2017.
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Sales tax holidays give shoppers a break from paying tax on purchases. Many states offer sales tax holidays to boost consumerism and help their local economies. In some cases, sales tax holidays are held on multiple dates throughout the year. They may be inclusive, meaning all items are included in the tax-free shopping, or they may be selective, in which case only certain things are part of the sales tax holiday.
