CA Car Tax Doubles Today, Happy Voting Today Too!

Today is the day that Californians vote on a referendum on tax increases recently passed in February by the CA legislature. But don’t forget why we are voting on that referendum. The near doubling of car registration fee “the Car Tax” lawmakers passed as part of an attempt to balance the state budget takes effect today. The vehicle license on a car or truck valued at $25,000 will rise by $125, from $162.50 to $287.50. For now, the fee increase is scheduled to expire June 30, 2011.

However, if Proposition 1A on today’s ballot passes, the higher amount will stay on the books two additional years through June 30, 2013. Polls suggest Prop. 1A and its companion state-budget-fix measures on today’s ballot are in trouble. Yea!!!! So here is your blog reminder to go out and vote NO on E all of the above.

Isn’t it interesting that the registration fee increase is taking effect on Election Day? The timing is impeccable, an unintended mistake that was made during the marathon, late-night sessions in which the Legislature crafted a budget compromise. Excellent Timing! Arnold, where are you and why are you in Washington DC on Election Day? Don’t Ask!