x

Coronavirus

California Governor Proposes Tax Rebates of Up to $1,100

SACRAMENTO, Calif. — Millions of Californians would get tax rebates of up to $1,100 under a proposal unveiled by Democratic Gov. Gavin Newsom as part of a broader pandemic recovery plan made possible by an eye-popping $75 billion budget surplus.

Individuals and households making between $30,000 and $75,000 annually would get a $600 payment under Newsom’s plan announced Monday. All households making up to $75,000 with at least one child, including immigrants who file taxes, would get an extra $500 payment.

The payments are part of what Newsom is calling a $100 billion plan to drive the state’s economic recovery. It also comes as Newsom faces a recall election.

The massive budget surplus is largely due to taxes paid by rich Californians who generally did well during the pandemic, and marks a major turnaround after officials last year said they feared a deficit of more than $50 billion.

The payments will total an estimated $8.1 billion, said H.D. Palmer, a spokesman for the state Department of Finance. The proposal also includes $5.2 billion to pay back rent and $2 billion for overdue utility bills for people who fell behind during the pandemic.

RELATED

ATHENS – While the New Democracy government is easing health restrictions for rabid anti-vaxxers, those fully vaccinated against COVID-19 may need a fourth shot in the autumn.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Greek-American Cornell Student Rescues Man on Subway Tracks in the Bronx

NEW YORK – Greek-American Cornell University senior Bryce Demopoulos rescued a man who had fallen on the subway tracks at the Third Avenue-138 Street station on the No.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.