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Oakland has a new set of taxes I think are much needed and should not be a massive burden on the citizens already hurt by job losses and the credit crunch. In a very cool mail-order voting style, which really gets those people who care about the issue to actually vote for it with a chance of passing, Oakland Measures C,D,F, and H all passed, a dramatic reversal over the revenue-increase killing outcome of many of the November choices, reflecting the then-worsening economy.
Now, Oakland can and will tax the gross receipts of all "cannabis businesses" with a tax of about 1.8 percent which will raise over $200,000, on top of a new 14 percent hotel occupancy tax (high, yes) for the Chabot Space and Science Center and the Oakland Museum and the convention center; meanwhile Measure 00 was reduced, which I'm not cool about but it helped solve the deficit problem, and property transfer taxes apply to corporate ownership changes.
Let's see if all that actually keeps Oakland's budget out of deficit range: I doubt it. We've not seen the last of the propery tax revenue problems Oakland's facing. More on this soon.
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