Business > Donald Trump

California mulls adopting portions of despised Trump tax law

1 month ago   |   By KCRA

California's liberal Legislature wants to give poor people a lot more money in their state tax refunds each year, including an extra $1,000 for people who earn less than $30,000 a year and have at least one child under 6.
Read more ...

 

California mulls adopting portions of despised Trump tax law

California mulls adopting portions of despised Trump tax law

1 month ago   |   By My Sanantonio

SACRAMENTO, Calif. - California's liberal Legislature wants to give poor people a lot more money in their state tax refunds each year. But to do it, they would have to partially adopt some of President Donald Trump's 2017 tax changes.
State lawmakers last week sent a $214.8 billion operating budget to Democratic Gov. Gavin Newsom's desk that included the expansion of the state's earned income tax credit. But they have yet to adopt the tax changes to pay for it, leaving a hole in the budget and prompting intense negotiation.
The state Senate could approve the proposal on Monday. But there...
Read more ...

 


Search by Tags

   Donald Trump      Democrats  


13 products that celebrate NASA and the 50th anniversary of the Apollo 11...

13 products that celebrate NASA and the 50th anniversary of the Apollo 11 moon landing

The 50th anniversary of NASA's historic Apollo 11 mission took place on July 20, 2019. The event stoked our collective imagination about the worlds that lie beyond our own... Read more ...

'Why is there an open window in the kids' play area 11 stories off the...

'Why is there an open window in the kids' play area 11 stories off the ground?': The mother of the toddler who fell from the 11th floor of a Royal Caribbean cruise ship said she blames the company for her daughter's death

Kimberly Wiegand, the mother of Chloe, an 18-month-old toddler who died on a Royal Caribbean International cruise ship after falling from the ship's 11th floor , said in an... Read more ...

Apple reportedly in talks to buy Intel's smartphone modem business

Apple reportedly in talks to buy Intel's smartphone modem business

The deal could see Apple pay as much as $1 billion for Intel's patents and at least some staff. What you need to know Apple is reportedly in "advanced talks" to purchase... Read more ...

Trump said India asked him to help mediate the Kashmir conflict with...

Trump said India asked him to help mediate the Kashmir conflict with Pakistan. India quickly said that's not true

The Indian government on Monday rejected President Donald Trump's claim that Prime Minister Narenda Modi had asked the president if he would like to help mediate a historic... Read more ...

Trump says he could win the war in Afghanistan 'in a week,' but he doesn't...

Trump says he could win the war in Afghanistan 'in a week,' but he doesn't want to kill 10 million people

President Donald Trump said he could end the war in Afghanistan, a conflict which has been raging for nearly two decades, in a week, but it would require killing 10 million... Read more ...

Equifax To Pay Up To $700 Million In Data Breach Settlement

Equifax To Pay Up To $700 Million In Data Breach Settlement

The credit reporting agency will pay up to $700 million in fines and monetary relief to consumers over a massive 2017 data breach that affected more than 148 million people. Read more ...

This is why hundreds of thousands of Puerto Ricans are taking to the streets...

This is why hundreds of thousands of Puerto Ricans are taking to the streets demanding that their governor resign

Hundreds of thousands of people hit the streets of Puerto Rico on Monday, demanding for the resignation of Governor Ricardo Rosselló. Calls for the governor to step down first... Read more ...

Boeing's credit outlook was just cut to 'negative' by a ratings agency...

Boeing's credit outlook was just cut to 'negative' by a ratings agency, which cited the 737 Max crisis

Fitch Ratings downgraded its outlook for Boeing to "negative" from "stable" amid continued problems surrounding the still-grounded 737 Max aircraft. The ratings agency said the... Read more ...

Democrats want Robert Mueller's blockbuster congressional testimony to make...

Democrats want Robert Mueller's blockbuster congressional testimony to make the public aware of what's in his report, which most people still haven't read

The former special counsel Robert Mueller is testifying before two House committees on Wednesday about the investigation into Russian interference in the 2016 election. Mueller... Read more ...

Anna Wintour subtly shaded Melania Trump's fashion sense by lauding Michelle...

Anna Wintour subtly shaded Melania Trump's fashion sense by lauding Michelle Obama's style

Anna Wintour refused to talk about first lady Melania Trump's fashion sense during a talk on "The Economist Asks" podcast Sunday. She pivoted to talking about former first lady... Read more ...