Tag: Taxes

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Newsom’s income went up in 1st year as California governor

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom and his wife made $1.7 million in 2019 during his first year as governor, about half a million dollars more than they earned the year before, according to tax returns his campaign released Monday.

With $76B surplus, California proposes rebates for millions

Aided by an astonishing nearly $76 billion budget surplus, California Gov. Gavin Newsom on Monday proposed tax rebates of up to $1,100 for millions of households and more than $7 billion to help people affected by the pandemic cover rent and utilities.

Trump facing devastating debt load? Experts say not so fast

President Donald Trump reportedly must pay back more than $300 million in loans over the next four years, raising the possibility his lenders could face an unprecedented situation should he win a second term and not be able to raise the money: foreclosing on the leader of the free world.

Could too many taxes turn this blue State red?

The more elections go by with Californians electing huge Democratic majorities to the state Legislature and no Republicans to statewide offices, the more secure elected Democrats...

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Billionaires Behind Proposed Bay Area City Enlist California Political Power Brokers

A development group backed by Silicon Valley billionaires is...

Tech Billionaires Turn to Democratic Insiders in Revived Bid to Build Bay Area City

A group of tech investors trying to build a...

Nithya Raman Could Further Reshape L.A.’s Shifting Political Alliances

Los Angeles’ mayoral contest between incumbent Karen Bass and...

California College Dispute Points to Need for Updated Higher Education Plan

California’s long-running debate over the roles of its public...

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