Ahead of the November election, Sacramento decided to try and mitigate some of the damage being done to the Democratic Party brand between gas prices and inflation.Up to 23 million California residents are about to receive tax refunds of as much as $1,050, thanks to one-time stimulus payments the Golden State began deploying Friday.
“We know it’s expensive right now, and California is putting money back into your pockets to help,” California Gov. Gavin Newsom, a Democrat, said in a statement. The bill funds an expansion of the state’s paid family leave benefit by removing the $145,600 wage ceiling on the state’s 1.1% employee payroll tax. Workers can currently receive a 60% to 70% wage replacement to take up to eight weeks off to care for a new baby or sick family member. Starting in 2025, they will be eligible for between 70% and 90% of wages, more for lower earners.
The stimulus checks will also be for gas, as California’s average gas price is $6.42 a gallon – far above the national average of $3.86. Newsom is blaming the oil companies, and plans on nailing them with a “Gov. Gavin Newsom will call state lawmakers back to Sacramento for a special session in response to rising gas prices.The governor has requested the Legislature approve a measure that would require oil companies to pay back excessive profits to consumers through a new tax.
They notice.They’ll just complain, blame someone else and vote how they’ve have for the last 30 years.
Pritzker just sent out a rebate (bribe) this week, too. Fifty dollars a person and some small amount if you paid property tax.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »