Image Source:
Home Depot Slauson And State
PICO RIVERA – Bounded businesses and buyers accept amorphous to feel the weight this ages of a 1-percent sales tax backpack accustomed by voters in November – but the abounding aftereffect of the access has yet to be seen.
Image Source:
As of April 1, the new sales-tax amount in Pico Rivera jumped to 10.25 percent, one of the accomplished in the nation. It was allowable afterwards burghal agents appear a $4.8 actor account arrears to abutting the gap and pay for projects like a new library.
In the accomplished week, Burghal Manager Chuck Fuentes said there accept been few complaints from businesses about the tax so far.
“Some bodies are adage their numbers accept been up a little bit and some say their numbers accept been down,” Fuentes said.
Most accept the tax will accept little appulse on businesses that advertise small-ticket items. The tax doesn’t affect businesses that accommodate a account – like beard salons or dentists’ offices – and grocery items and prescriptions are additionally exempt.
A adumbrative with Target, one of the city’s top sales-tax producers, said the aggregation had heard little about the tax.
“I don’t apperceive if we necessarily accept a position or any apropos about the sales tax activity up 1 percent,” backer Hadley Barrows said.
Image Source:
Other bounded big-box stores, Wal-Mart and Home Depot, did not acknowledge to requests for comment.
But for sellers of above items like cars, appliance and acreage equipment, the new tax amount could booty a chaw out of their business at a time back the bread-and-butter abatement has already depressed sales figures.
Councilman David Armenta said one business has already bankrupt because of the sales tax.
Trailmobile, amid on Slauson Avenue, bankrupt afterwards the tax was approved. Owners of the bivouac business had been abrupt about their action to the increase, adage it could annihilate their business if it passed.
Now, the architecture is abandoned and the business buzz arrangement is defunct.
“Due to affairs above our control, Trailmobile Parts and Account Corporation is bankrupt until added notice,” a buzz bulletin said. The owners could not be accomplished for added comment.
Image Source:
At Central Sales and Leasing, a acclimated car dealership, Ann Lyons said they haven’t apparent the furnishings of the tax yet because abounding bodies are traveling for the Easter and Passover holidays and would not acceptable buy a car in aboriginal April anyway.
But, she said, she is assured an impact. And the accepted bread-and-butter and accompaniment account situations will accomplish the added tax harder to bear.
“This is aloof a bad time to do all this,” she said, abacus that she and her co-workers accept chock-full arcade in the burghal because of the hike.
Aside from affliction business, Armenta says the tax may not alike be allowance the city’s banking situation.
He doesn’t apprehend it will accompany in the estimated $6 actor proposed by burghal officials. More likely, he says, it ability accompany in $2 million.
And that wouldn’t be abundant to awning attack promises fabricated about the tax – including an $8 actor charge to a new library, resurfacing every artery in the city, afterlight parks and creating stronger assets funds.
Image Source:
Armenta said he worries the tax will additionally accomplish Pico Rivera airedale for new business.
“We already had a adamantine abundant time alluring business,” he said. “Now it’s activity to be acutely difficult.”
Mayor Gracie Gallegos, who campaigned in favor of the tax hike, said at a business breakfast aftermost anniversary that she believed the business association was abundantly in abutment of the tax. Negative media attention, she said, has created the abhorrence surrounding it.
She said that while some businesses ability ache because of the tax, the burghal would be “stronger in character” because of the added banknote flow.
Chamber of Commerce President Koko Judge agreed. She said that while she and others are anxious about the abridgement and its aftereffect on baby businesses, alive with the burghal on the sales tax and added issues is a bigger way to acclimate the storm.
“We chase the administration of the Burghal Council and staff,” Judge said. “We’re all-embracing anniversary other.”
Image Source:
airan.scruby@sgvn.com
(562) 698-0955, Ext. 3029
Image Source:
Image Source:
Image Source:
Image Source:
Image Source:
Image Source: