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CA Gov. Gavin Newsom Announces Largest State Tax Rebate In U.S. History

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deadline.com

“California’s going to come roaring back,” said Governor Gavin Newsom on Monday as he announced his $100 billion California Comeback Plan.

He called it the biggest economic recovery package in state history – including unprecedented investments to address the region’s most persistent challenges, starting with nearly $12 billion in direct cash payments to Californians hit hardest by the pandemic.

According to Newsom’s office, it is the largest tax rebate by any state in American history, year-over-year.NEW: CA will be expanding the Golden State Stimulus to middle class families — creating the biggest state tax rebate in US history.2 out of every 3 Californians will now benefit from a stimulus check of at least $600.

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