Home California Governor Newsom Announces Largest State Tax Rebate in American History

Governor Newsom Announces Largest State Tax Rebate in American History

by ECT

Two-thirds of Californians set to benefit from Golden State Stimulus checks amounting to nearly $12 billion in total – the largest state tax rebate in American history

Billions in funding for rental relief and water and utility assistance

Part of the Governor’s $100 billion California Comeback Plan, a comprehensive recovery plan to tackle five of California’s most persistent challenges

SACRAMENTO – Governor Gavin Newsom today previewed his $100 billion California Comeback Plan – the biggest economic recovery package in California’s history – including unprecedented investments to address the state’s most persistent challenges, starting with nearly $12 billion in direct cash payments to Californians hit hardest by the pandemic.

Chief among the new proposals is a major expansion of the Golden State Stimulus, providing additional direct payments to middle-class families that make up to $75,000. Under the plan, two-thirds of Californians will benefit from $600 direct payments. Qualified families with dependents, including undocumented families, will also now be eligible for an additional $500. The plan triples California’s previous investment, reaching more people and giving bigger benefits.

“California’s recovery is well underway, but we can’t be satisfied with simply going back to the way things were,” said Governor Newsom. “We are tripling the Golden State Stimulus to get money in the hands of more middle-class Californians who have been hit hard by this pandemic. Two in three Californians will receive a check from the state and more than $5 billion in aid will be made available to those who need help paying their rent or utility bills.”

Under Governor Newsom’s California Comeback Plan, the state would also offer the largest renter assistance package of any state in America, with billions of dollars to help low-income Californians pay back 100 percent of their back-rent, their rent for the months to come and overdue water and utility bills.

Throughout the week, Governor Newsom will highlight other major investments and key initiatives of the California Comeback Plan.

Governor Newsom’s California Comeback Plan seizes this once-in-a-lifetime moment to address long-standing challenges by taking on threats to our state’s future and ensuring every California family – regardless of their race or zip code – can thrive.

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Dan May 10, 2021 - 11:32 am

This is AWESOME! Now I can sit on my BUTT longer and collect more unemployment. Good old Gavin is looking to buy his bad decisions back. Remember we can use that money elsewhere. Schools, a fully staffed fire department in Our area. Oh never mind I’ll just buy the new video game and chill for the summer. Thanks again! It’s Christmas everyday in Cali !

Robert C. May 10, 2021 - 11:53 am

Hmmmm… Could any of this “generosity” be related to Newsom’s recall problems?

Ray May 10, 2021 - 1:52 pm

There are enough STUPID PEOPLE that would say “gee, don’t recall him. He gives me money”.
Trying to buy his way out of his shit with OUR MONEY!!!
What a FOOL!

More Newsom BS! May 10, 2021 - 4:13 pm

Gift of Public Funds!
Trying to win favor with the low life’s that are already sucking the free money tree.

moonwork May 11, 2021 - 4:38 am

Why is ‘t sleazy Gavin building more water storage along with all the stack and pack ugly housing? Like we have water and power for all of these new houses not even being built with solar installed. LAME-O Planning.

Jg May 26, 2021 - 9:41 am

YES. Why not do that? I agree, Newsom is failing California big time. He is not in touch with reality as it pertains to real California needs.

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