california taxes

California inflation relief payments headed to taxpayers

Get that up to $1,050 California direct tax refund today? Fret not, direct payments or money cards for about 23 million Californians are going in the direct deposit account or mailbox through next year, state officials said. Part of the $308 billion state budget signed by Gov. Gavin Newsom on June 30, one-time payments known as the Middle Class Tax Refund (MCTR) will be sent…


California inflation relief refunds go out to taxpayers

Get that up to $1,050 California direct tax refund today? Fret not, the first direct payments for about 23 million Californians are going in the direct deposit account Friday, state officials said. Part of the $308 billion state budget signed by Gov. Gavin Newsom on June 30, one-time payments known as the Middle Class Tax Refund (MCTR) will be sent to taxpayers starting Friday, Oct.7…


After tax cuts derailed the ‘California dream,’ is the state getting back on track?

In 1978, the year I graduated from college with a degree in economics, most voters in my state chose to turn their backs on the “California dream.” Not unlike the American dream, California’s iteration focused on the limitless possibilities awaiting anyone who moved to the state. It was the state’s basic philosophic footing, a social compact that connected generations, geographies and economic classes in a common destiny….