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Are state’s tax loopholes, rebates good business or questionable kickbacks?

California subsidies for industries raise questions about their economic value versus political expediency

When Gov. Gavin Newsom and legislative leaders were negotiating a final state budget last June, they reduced some health and welfare programs to help close a multi-billion-dollar gap between income and outgo.
Nevertheless, they agreed to more than do… [3656 chars]

Source: The Mercury News | Published: 2025-09-20T10:15:52Z

Credit: The Mercury News

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