Tag: tax relief

Governor Proposes Spending $12 Billion on Stimulus Payments

May 11, 2021
budgetCaliforniaCaliforniansGov. Gavin NewsomOpinionSouthern CaliforniaStimulus Moneytax relieftax revenuesUSUS Regional NewsViewpoints
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Commentary California is flush with cash and Gov. Gavin Newsom is giving it away. The state found itself with a $75.7 billion budget surplus for the current fiscal year, and Newsom announced May 10 that he wants to give all $12 billion of it away. He said he wanted to fund “nearly $12 billion in…

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Citing Major Budget Surplus, Newsom Proposes $600 Rebate Checks

May 10, 2021
COVID-19economyGov. Gavin Newsompandemicrent reliefSouthern CaliforniaState of Californiastimulus checkstax reliefUnited States
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LOS ANGELES—Nearly two-thirds of residents in Southern California and across the state would receive $600 state stimulus checks under a rebate proposal Gov. Gavin Newsom announced May 10, while families with children would receive an extra $500. “We are tripling the Golden State Stimulus to get money in the hands of more middle-class Californians who…

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