23 million Californians to get gas relief payments after budget deal struck, state leaders say
SF Gate ^ | June 26, 2022 | By Greta Serrin
Posted on 6/27/2022, 7:00:34 AM by Oldeconomybuyer
Millions of California taxpayers will get “inflation relief” payments after lawmakers have reached an agreement on the framework of the 2022-23 budget. The deal also suspends the state's sales tax on diesel.
The framework includes giving 23 million Californians direct payments of up to $1,050. The payments would be issued via direct deposit refunds or debit cards to tax filers by late October.
Single filers who make less than $75,000 would get $350. Joint filers with an income under $150,000 would receive $700. If they have at least one dependent, they will receive an additional $350.
So for example, that means a married couple earning $100,000 per year with one child would get $1,050.
About 82% of the state's beneficiaries are in this income level. ...
I saw that. It seems it would just be easier to stop the gas tax rather than hand out money to certain groups. But what do I know?
Thanks. I wonder how long they will suspend the diesel tax.