Essential Politics: California needs $28 billion in taxes by the end of July - News Summed Up

Essential Politics: California needs $28 billion in taxes by the end of July


Most of that amount — a net total of $21.4 billion — is expected to come from personal income taxes. Corporate taxes, sales taxes and a variety of smaller tax collections make up the rest of the estimate. (Fun fact: About $7.3 billion in personal income taxes was paid in a single day, last Thursday.) Changes in two key parts of the selection process should be considered, the researchers suggest. — And speaking of testing: State officials have adopted new guidelines outlining who should be prioritized.


Source: Los Angeles Times July 20, 2020 12:56 UTC



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