Gov. Gavin Newsom on Wednesday released the long awaited details of his tax refund plan to send $400 to Californians for each registered vehicle, a move that would put more money in the pockets of families who own more cars — even the state's wealthiest residents — and exclude those without cars from receiving the payments.
Newsom's $11 billion proposal is designed to offset the rising prices consumers are paying at the pump and also includes savings for those who rely on public transportation. The plan would include $750 million in grants for free or substantially reduced public transit fare, but Californians who don't own a registered vehicle would otherwise not receive a refund.
The governor, who is up for reelection this year, would cap payments at $800 for any person with more than one registered vehicle, though households with multiple vehicles registered to different family members could receive far more than that amount.
