Next year the Measure U sales tax is slated to expire. But, Mayor Darrell Steinberg want to not only renew it, but increase it from half a cent to a full cent. This would be used to pay for jobs, housing, and social-equity programs according to Capital Public Radio.
Mayor Darrell Steinberg Announces Plan For Sales Tax Increase
Mayor Steinberg said “a single penny could change Sacramento.” So, his plan is to invest $25 million in jobs in low-income neighborhoods and affordable housing. Then, use the other $25 million for public safety and investments in youth programs and resources.
With an increase in the Measure U sales tax, the current rate would go from 8.25 to 8.75 percent. To pass in November, only 50 percent of the vote is needed. A City Council discussion on the increase is planned for Tuesday.
I don’t think this sounds like a bad idea. But I do wonder how much it costs an average person over a year. And I’d like to hear more of the plan laid out. What do you think?
For more on this story, check out Capital Public Radio’s story.