Taxes

Californians Slammed by New Tax on Wood

And bureaucrats can arbitrarily tag products for inclusion

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As the "fiscal cliff" negotiations continue in Washington, it's anyone's guess how much more in taxes we'll be forced to pay next year. But we do know this: in 2013, overtaxed Californians will send even more of their hard-earned dollars to Sacramento than ever before, growing total state spending to a record $225 billion.

Since the majority of Californians voted for Gov. Jerry Brown's tax hikes in November, higher taxes and spending shouldn't come as a surprise. But there's one tax hike taking effect Tuesday that will no doubt catch many off guard.

Late this summer – before the recent election – two-thirds of the Legislature approved and the governor signed legislation imposing a new "Lumber Products Assessment" on some retail sales.

That might sound straightforward enough, but it's not – and that's one of many reasons why I oppose this new tax.