Tag: tax rebate
Gov. Newsom Unveils $11 billion Gas Tax Rebate Plan to Car Owners
California Governor Gavin Newsom announced his $11 billion gas rebate tax refund plan on Wednesday, focusing refund efforts toward more car owners in the state rather than previous proposals that targeted taxpayers in general. Under Governor Newsom’s proposal, $9 billion...
Maryland, Other States Temporarily Remove Gas Tax Despite California Not Passing Similar Relief
During the weekend, numerous states including Maryland and Georgia, passed temporary gas tax restrictions in response to rising gas prices nationwide, refusing to follow California’s lead in refusing to halt the state gas tax last week. Last week, Assembly Republicans...
$400 Per Taxpayer Gas Rebate Proposal To Be Announced By Assembly Dems on Thursday
According to a joint 11 Assembly member press release on Wednesday, Democratic Assembly members will introduce a proposal on Thursday for a $400 rebate for all taxpayers to help make up the difference in lost funds due to higher taxes....
How Californian Gas Station Owners Are Reacting to Record High Prices
As gas prices continue to climb higher in California, lawmakers in the state have been looking at multiple short-term options to relieve Californians. Governor Gavin Newsom and some Democrats favor a gas tax holiday to delay the expected rise in...
Republican, Democratic Leaders Respond to Gov. Newsom’s State of the State
On Tuesday, California Governor Gavin Newsom gave the annual State of the State Speech in Sacramento. While his proposed tax rebate for Californians to offset higher gas prices has been the most reported part of the speech, other lawmakers responded...
Leg Analyst Projects California Will Have $31 Billion Budget Surplus Next Year
According to the 2022-2023 California state budget Fiscal Outlook report compiled by the Legislative Analyst’s Office (LAO) on Wednesday, California will have a $31 billion surplus next year. This marks the second budget year in a row where a large...