Most California taxpayers would get hundreds of dollars in cash to help offset the high price of fuel under a tentative budget compromise being discussed by legislative leaders and Gov. Newsom.
SACRAMENTO -- Most California taxpayers would get hundreds of dollars in cash to help offset the high price of fuel and other goods under a tentative budget compromise being discussed by legislative leaders and Gov. Gavin Newsom.
The current proposal would return about $9.5 billion to taxpayers. Single people who make less than $75,000 per year and couples who make less than $150,000 per year would get $350 per taxpayer, plus an extra $350 for each dependent. That means a married couple earning $100,000 per year with one child would get $1,050.
"As prices increase on everything from gas to baby formula, this rebate will help the vast majority of California taxpayers, including undocumented Californians, with hundreds of dollars in direct cash assistance, providing critical relief during tough times," Santiago said.
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