With essential workers continuing to struggle, GSO calls for CalEITC increase in state budget
January 8, 2021 – SAN FRANCISCO — Today, Golden State Opportunity President Amy Everitt released the following statement after Governor Gavin Newsom announced his proposed state budget for fiscal year 2021-2022: “This year, it is more important than ever for the state budget to reflect our values and help Californians in need. While the Governor’s call for a $600 stimulus payment to CalEITC recipients is the right thing to do, and should be done quickly, a one-time payment is not enough.
The budget should permanently increase the CalEITC refundable tax credit because meaningful and equitable financial recovery takes time. At a time of unprecedented uncertainty, we need to let working families on the frontlines of the pandemic know that they will be able to keep more of their hard-earned money in the long-term.”