Newsom’s tax payouts to reach all the Middle Class — at last

This month, expect the final California’s Middle Class stimulus deposits to make their way to taxpayers across the Golden State. Christian Martinez explains in the LA Times how debit cards will be mailed to people who have changed banks since 2020 — part of a dysfunctional program widely hailed “either a cheap political stunt by Newsom or a failure of bureaucratic management.”

If you still have not received your California inflation relief payment, it could be on its way in the new year.

All direct deposit payments from the Middle Class Tax Refund program have been issued, according to the California Franchise Tax Board, and the remaining payouts will be sent as debit cards expected to be mailed out by Jan. 14.

The eligible residents yet to receive their debit cards are those who received their state-issued pandemic stimulus payments through direct deposit but changed their banking information after filing their 2020 taxes, according to the Franchise Tax Board.

As of Thursday, the state has issued more than 7 million direct deposits and more than 8 million debit cards for a total of $8.4 billion — representing most of the $9.5 billion set aside for the tax refund program meant to help Californians with the soaring cost of gasoline, groceries and other goods over recent months.

The payments range from $200 to $1,050, depending on filing status and claimed dependents.

California began sending funds in early October, and direct deposits were completed by mid-November.

This article originally appeared in the LA Times. Read the whole thing here.

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