Dave and Anthony,
Today I read that 55.7% of voters in your home town of Laguna Beach just approved a sales tax increase to go towards the $15 million needed to rebuild/replace property lost to the Bluebird Canyon landslide earlier this year. It seems that homeowner's insurance only pays to replace a home...not the land that disappeared out from underneath it.
1/2 cent sales tax increase to 8.25% isn't so bad, right? After all, it's not the homeowner's fault their property went away.
So, I was wondering - could you vote me in a new sales tax to buy me a car? After all, it's not my fault my current vehicle is depreciating...
They calculate income from 1/2 % sales tax to be $10,000,000 in six years. That works out to about $333,333,333 in taxable sales per year. I figger a .025% sales tax increase for just one measly, little year would still net me $83,333 - enough for a pretty sweet ride, even in southern California.
8.275% doesn't seem too high, does it?
Could you forward this to the city council for me? Thanks!
Open letter to friends in Laguna...
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