"The countywide sales tax would rise to 9.75%. San Jose and Milpitas, which have district sales taxes as well, would charge customers a 10% tax within their city limits."
"Williams forecast Thursday that county revenue will suffer a $1.3 billion loss by the 2029-30 fiscal year."
"About 70% of the county's public healthcare system, which has expanded rapidly in recent years, is funded by Medicare and Medicaid."
""It is literally a reflection at a national level, in California and in our home county, of thousands of individuals who will lose health insurance coverage," Williams said."
Santa Clara County supervisors proposed a sales tax increase to alleviate a projected billion-dollar budget shortfall caused by federal funding cuts. The countywide sales tax would rise to 9.75%, and cities like San Jose, Milpitas, and Campbell could reach tax rates of 10% or more. Revenue loss is projected to be $1.3 billion by the 2029-30 fiscal year, significantly impacting healthcare funding. About 70% of public healthcare in the county relies on Medicare and Medicaid, making the situation critical for many residents' health insurance coverage.
Read at San Jose Inside
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