PPP Loans Awarded to 10,750 CA-43 Businesses in Gardena, Harbor City, Hawthorne, Inglewood, Lawndale, Lomita, Los Angeles, Playa Vista, and Torrance Areas
The $2.3 trillion coronavirus stimulus package includes a temporary tax change for individuals who make at least $1 million a year, according to the Joint Committee on Taxation. The Joint Committee’s analysis shows 43,000 taxpayers in the highest income bracket, making more than $1 million a year, could save a combined $70 billion in taxes. Almost all benefits from the tax break go to people making more than $100,000 a year.
The Chairs of the Congressional Tri-Caucus –Congressional Black (CBC) Caucus Chair Karen Bass (CA-37), Congressional Hispanic Caucus (CHC) Chair Joaquin Castro (TX-20), and Congressional Asian Pacific American Caucus (CAPAC) Chair Judy Chu (CA-27) – released their Tri-Caucus Higher Education Priorities for the reauthorization of the Higher Education Act.