taxpayers

Trump Administration Forced to Forgive $150M in Student Loans

AFRO, Staff Black Press USADecember 27, 2018

After a more than year-long delay, the U.S. Department of Education will cancel $150 million in debt owed by defrauded students, the agency announced Dec. 13. Under borrower protection regulation established under President Barack Obama in 2016, former students or parents of students who took loans for colleges that closed between Nov. 1, 2013, and Dec. 4, 2018 would receive debt forgiveness or receive reimbursement. The provision, known as the Automatic Closed School Discharge, was part of the Obama administration’s hemming in of for-profit colleges, such as ITT Tech and Corinthian Colleges. Almost half of the 15,000 persons eligible for

News Political

Senator Bradford Introduces Bill to Provide Relief for Responsible Taxpayers

Sentinel News ServiceFebruary 15, 2018

Senator Bradford (D- Gardena) introduced SB 1082, sponsored by Board of Equalization Member, Fiona Ma, to grant relief to hardworking Californians who encounter financial hardship.

Op-Ed

The Trump Tax Plan Trumps Californians!

Jerome E. Horton, Member, 3rd District State Board of EqualizationNovember 23, 2017

The Republicans’ “Tax Cuts and Jobs Act” will be devastating to California’s poor to middle-income families because they pay the highest income and sales taxes in the nation (in proportion to their income), the second highest gas tax, and their property tax assessments have doubled – and none of these will be deductible.