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Newsom's Plan: California's Middle-Class Taxpayers Could Get a Rebate Under Proposal


California’s Middle-Class Taxpayers Could Get a Rebate Under Newsom Plan
Faced with a massive state surplus and a looming recall election, Gov. Gavin Newsom has proposed giving two-thirds of Californians some of their tax money back.
A rebate proposal by Gov. Gavin Newsom of California was one of several big-ticket adjustments he was expected to make this week.Credit.Jim Wilson/The New York Times
May 10, 2021
SACRAMENTO — Riding a breathtaking and exquisitely timed $75.7 billion surplus, Gov. Gavin Newsom on Monday proposed putting $600 in the pockets of two-thirds of California taxpayers in a state rebate that if approved would be the largest in U.S. history. ....

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