poverty Archives - California Globe

Gov. Newsom’s ‘Conformity’ Tax Proposal Cherry-Picking Changes to Federal Law

June 20, 2019 2:05 amJune 20, 2019 8:32 am

California Gov. Gavin Newsom’s proposed state budget contains more than $2 billion in new state taxes, even with $21 billion state surplus. Newsom proposed adopting some of the Trump federal tax code changes – and limiting deductions for business losses,...

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State Economy Rankings: California is a Real Dichotomy

June 10, 2019 7:32 amJune 10, 2019 7:44 am

California just ranked in the top 5 in the overall WalletHub 2019 State Economy Rankings, while ranking low in the Economic Health Ranking. WalletHub compared the 50 states and the District of Columbia across three key dimensions: 1) Economic Activity,...

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Gov. Newsom Touts Largest Tax Revenue Windfall in CA History in Budget, and Highest Spending

May 9, 2019 4:51 pmMay 10, 2019 10:43 pm

“The state is flush, but school districts aren’t. Why isn’t the state allocating more to the kids, cities and counties that are still having a difficult time?” – Sen. John Moorlach Gov. Gavin Newsom released his revised budget Thursday,...

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What’s In Gavin Newsom’s 2019 ‘California For All’ Budget

January 11, 2019 5:00 amJanuary 17, 2019 1:04 pm

Self-described policy wonk Gov. Gavin Newsom presented his first Budget Summary 2019-20 Thursday – all 178 pages of it. “Full disclosure, this is something I really enjoy,” Newsom said. Newsom inherited a significant surplus of $15 billion and the...