• Taxifornia – Calculate Your New State Tax Hike

    Posted on February 20th, 2009 George Runner No comments

    Not yet sure how the recently passed Budget plan affects you? Fill out the Tax Calculator below and see how much your family will have to pay in additional taxes.


    Use only numbers and decimal points in this calculator. Do not use commas (,) in this calculator.

    How much does your family make each year? $
    What is the value of your family’s car(s)? $
    How many children do you have?   

    Your family’s income tax will go up by: This Year:
    $

    		 Over five years:
    $
    Your family’s sales tax will go up by: This Year:
    $

    		 Over five years:
    $
    Your family’s car tax will go up by: This Year:
    $

    		 Over five years:
    $
    Your family’s kid tax will go up by: This Year:
    $

    		 Over five years:
    $
    Your family’s total tax will go up by: This Year:
    $

    		 Over five years:
    $

    For informational purposes only. Calculated estimates may not reflect your exact tax increase due to your individual circumstances and deductions that may be beyond the scope of this calculator.

    Assumptions: Assumes 2.21% of personal income will be spent on sales taxes, up from current rate of 1.945%. Assumes a 0.25% income tax rate increase over the previous tax rate that was calculated under the Franchise Tax Board formula on page 6 of this document and assumes taxpayer takes one standard deducation. Assumes vehicle license fee increases from 0.65% to 1.15% of car’s value. Assumes each dependent tax credit reduced by $210.

    Taxifornia

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Paid for by Taxpayers for George Runner, ID #1304898