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May 3, 2005
AB 9
Take a look at AB 9, the Governor's new plan to fund education in California. The bill proposes to add various "specialized" services to items that are taxed to the consumer, such as accounting fees, attorney fees, management fees, architect and surveyor costs, and even membership fees. It's hard to condemn any plan to raise money for education. Many people backed the lottery, after all believing that would be the ultimate answer. (And many still wonder "what happened" there.) But consumers might have something to say about more taxes. Homeowners in homeowner associations will pay double. They will be burdened with all of the usual personal costs for the services they need individually, and their associations will be hit with rising accounting, management, legal and construction costs, if this bill passes. It's a little scary as costs are already rising each year for associations in insurance, utilities and managment. Keep your eye on this one.
Posted by Beth Grimm at May 3, 2005 11:09 PM