The root of the disagreement between Newsom and legislative was over who should receive payments. Newsom wanted to send money in the form of debit cards to vehicle owners, while members of the Legislature wanted the state Franchise Tax Board to issue money to residents making less than $125,000 regardless of whether they own a vehicle.
At the end of the day, the leaders in the Legislature mostly got their wish: the"inflation relief" payments will go to individuals regardless of vehicle ownership, but the maximum income level eligible for relief was doubled from $125,000 to $250,000. The leaders announced the deal in a statement released Sunday night.
Under the plan, single filers who make less than $75,000 a year will receive $350, and joint filers with a combined yearly income under $150,000 will receive $700. If filers have one dependent or more, they get an additional $350. Single filers who make more than $75,000 and less than $125,000 a year will receive $250, and joint filers with an income between $150,000 and $250,000 will receive $500. If these filers have one dependent or more, they get an additional $250.
So stupid.
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