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May 10, 2021 · A law passed by voters in the 1970s requires the state to give some money back to taxpayers if the surplus hits a certain limit Published: May 10, 2021 at 8:09 p.m. ET Share
May 10, 2021 · A law passed by voters in the 1970s requires the state to give some money back to taxpayers if the surplus hits a certain limit. The state estimates it will be $16 billion over that threshold. Newsom does not have to act immediately, but is choosing to do tax rebates now, Palmer said.
Mar 29, 2024 · The IRS wants to give California taxpayers $94 million in refunds — if they file returns. According to the IRS, an estimated 88,200 Californians who did not file returns in 2020 are owed $94.2 ...
- Jon Healey
- Deputy Editor, Fast Break Desk
- jon.healey@latimes.com
Nov 18, 2021 · While the LAO is predicting a $31 billion surplus, it could be as low as $10 billion or as high as $60 billion depending on how much money the state collects from taxes. If the numbers hold, the ...
Jun 30, 2022 · The $9.5 billion in tax refunds, which CalMatters reported Friday, is part of a $12 billion relief plan that is central to a broader $300 billion budget deal that state leaders announced Sunday night. “California’s budget addresses the state’s most pressing needs, and prioritizes getting dollars back into the pockets of millions of ...
- Capitol Reporter
Jul 1, 2022 · July 1, 2022 / 10:14 AM EDT / MoneyWatch. About 23 million California residents will receive "inflation relief" checks of up to $1,050 after Governor Gavin Newsom on Thursday signed a $308 billion ...
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May 23, 2024 · California to give 40,000 people's inflation relief money to lawmakers, unless you claim yours before June 1 Lots of people ‘gave up’ on hundreds of dollars each from the Middle Class Tax Refund
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