Billboards, radio ads and reminders by mail are urging California consumers to “Buy Now,” before the state sales tax goes up tomorrow by one cent on the dollar. We look at tomorrow's tax increase and its possible impact on California.
How Will Increased Sales Tax Affect Car Sales in California?
Credits
Guests:
- Peter Welch - President, California New Car Dealers Association
- Rudy Cabriales - Mayor, City of Victorville
- Sung Won Sohn - Professor of Finance and Economics, Loyola Marymount University
- Jean Ross - California Budget Project