Gov. Gavin Newsom announced July 29 that tax credits had successfully provided needed economic relief to low-income Californians hit hard by the COVID-19 pandemic, and said a scheduled hike to the state’s minimum wage would be implemented as planned to help workers.
Newsom announced in a press release that the California Earned Income Tax Credit (CalEITC) and Young Child Tax Credit programs have already put $1 billion back into the pockets of over 3.6 million California families, at a time when the financial relief is sorely needed.