Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Wednesday, April 23, 2025

View Back issues

Middle-Class Relief

The California Legislature introduced a constitutional amendment last week that would impose a 10 percent surcharge on corporations netting more than $1 million per year, to be allocated into a "relief fund" for lower- and middle-income Californians. 

SACRAMENTO, Calif. –  The California Legislature introduced a constitutional amendment last week that would impose a 10 percent surcharge on corporations netting more than $1 million per year, to be allocated into a “relief fund” for lower- and middle-income Californians.

Categories / Business, Government, Politics

Subscribe to our free newsletters

Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.

Loading...