California will have a $38 billion discretionary surplus in the upcoming fiscal year

[LukSkyFokker]

California is among the states with lower new COVID cases and the number infected is dropping as well. Now we have a $38 million surplus. I signed the petition to recall our governor but apparently, Democrat-led Communism works. Many people who can't hack it here are leaving and creating dollars back in our State's pocket.

Also, many (as much as 40%) of America's new jobs are being created in California.

Newsom, with huge $38 billion budget surplus, proposes new stimulus checks, more rent relief for Californians[

State finance officials project that California will have a $38 billion discretionary surplus in the upcoming fiscal year, a massive influx of cash that Gov. Gavin Newsom and the Legislature have a month to decide how to spend.

The surplus is more than twice what the Department of Finance estimated in January, reflecting an economy that has recovered far more quickly than expected from the pandemic-induced recession, particularly for the wealthiest Californians.

Newsom wants to use more than $8 billion of the windfall to expand on the $600 stimulus checks the state already targeted to millions of Californians this spring, a second round of direct cash payments that the governor said would ultimately reach two-thirds of Californians. He also outlined additional steps to cover unpaid rent and utility bills for tenants slammed by the pandemic.

“It’s a remarkable turnaround,” Newsom said during a news conference Monday at the Unity Council, a community organization in Oakland’s Fruitvale neighborhood. “And that’s because we are defeating, and we are successfully applying strategies to address, this pandemic.”

A year ago, as the coronavirus pandemic decimated California’s finances, Newsom and lawmakers crafted a budget deal to close what they expected would be a $54 billion deficit, relying on reserve accounts, internal borrowing and a temporary limit to corporate tax credits to avoid widespread cuts to many state programs.

 

[Philthy_Phil]

Some welfare recipients on here have fled the state.

 

[CornusKousa]

Good thing CA got all that federal stimulus welfare......they're going to need a shitload more very soon.

 

[CornusKousa]

Some welfare recipients on here have fled the state.

Nah, welfare recipients flock to the state, thus the phenomanal amount of homelessness and trash in this shit hole.

Fuckin' Florida does a better job at picking up their garbage.

 

[LukSkyFokker]

https://i.imgur.com/G4KFSEX.jpg?1

 

[CornusKousa]

https://i.imgur.com/G4KFSEX.jpg?1

Hey Luk, just pulled 1.2 mil out of your state

I'm going to use a chunk to send Duluth's DeeGens to LA.

 

[LukSkyFokker]

Thinking the herd.

 

[CornusKousa]

Thinking the herd.

You mean 'thinning the herd' ..............Stupid bitch LOL

Yea, you're a bunch of corrupt elitist scum...something to be SUPER proud of

 

[LukSkyFokker]

You mean 'thinning the herd' ..............Stupid bitch LOL

Yea, you're a bunch of corrupt elitist scum...something to be SUPER proud of

Autocorrect is a bitch. What's your excuse?

 

[CornusKousa]

Autocorrect is a bitch. What's your excuse?

Excuse for what??

 

[Lazaran]

^
"Stupid bitch"

*chuckles*

 

[RoryN]

Some welfare recipients on here have fled the state.

Ah, yup! The "sour grapes" crew.

 

[SgtSpiderMan]

Nah, welfare recipients flock to the state, thus the phenomanal amount of homelessness and trash in this shit hole.

Fuckin' Florida does a better job at picking up their garbage.

When was the last time you were in Florida?

 

[LukSkyFokker]

Lol. $80 billion now.

 

[BabyBoomer50s]

Wealthy people nationwide have done quite well during the pandemic, and California depends heavily on them. One-half of one percent of all California taxpayers contribute over 40% of all income tax receipts. Homeowners are enjoying a tremendous boost in wealth, and the stock market continues to rise. The pajama class here is doing great and the state treasury is enjoying the windfall. As long as there is never a market dip, CA tax receipts will keep rising. Markets never decline so CA is wise to spend that surplus.

 

[LukSkyFokker]

Wealthy people nationwide have done quite well during the pandemic, and California depends heavily on them. One-half of one percent of all California taxpayers contribute over 40% of all income tax receipts. Homeowners are enjoying a tremendous boost in wealth, and the stock market continues to rise. The pajama class here is doing great and the state treasury is enjoying the windfall. As long as there is never a market dip, CA tax receipts will keep rising. Markets never decline so CA is wise to spend that surplus.

You should cite other's thoughts.

 

[BabyBoomer50s]

You should cite other's thoughts.

I see you’re still rattled by the peer reviewed scientific research I shared. Good luck in your search. I’ll check the mask thread to see how you’re doing.

 

[LukSkyFokker]

I'm just glad that Cali punted the two non-hackers out of my beautiful state while we continue to dominate the economy without them dragging us down.

 

[LukSkyFokker]

I see you’re still rattled by the peer reviewed scientific research I shared. Good luck in your search. I’ll check the mask thread to see how you’re doing.

Jesus fucking Christ. Are you really gonna troll your stupidity in multiple threads?

 

[CornusKousa]

Jesus fucking Christ. Are you really gonna troll your stupidity in multiple threads?

Says the guy who keeps bringing up and embarrassing himself with the "Trump threatened to take guns without due process!!" lie LOL

 

[LukSkyFokker]

Says the guy who keeps bringing up and embarrassing himself with the "Trump threatened to take guns without due process!!" lie LOL

Says the dipshit who can't read.
LOL.

 

[Philthy_Phil]

Invest in water.

 

[Dribble]

Buy homes owned by Republicans...resell them to Democrats. Let the Republicans move to Alabama...or some other shithole