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Home Type Aggregated

The Big Idea Missing From Gavin Newsom’s Budget

by NY Post
May 16, 2026
in Aggregated, Opinions
NY Post
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In this New York Post article, the author argues that Gavin Newsom’s revised California budget once again avoids meaningful tax relief while state spending remains bloated.

  • Newsom’s revised budget reportedly does not include income tax cuts, despite California receiving stronger-than-expected tax revenue.
  • The piece frames the omission as another example of Sacramento taking more from taxpayers while refusing to ease the burden on working Californians.
  • California’s budget outlook improved because revenues came in higher than earlier projections, largely tied to stock-market strength and the state’s tech-heavy economy.
  • Rather than return surplus revenue to taxpayers, Newsom’s plan still leans on spending cuts, reserve maneuvers, and selective new spending priorities.
  • The broader criticism is that California’s tax structure remains punishingly high, especially for residents and businesses already facing high housing, energy, and cost-of-living pressures.
  • Newsom’s proposal also avoids major broad-based tax increases, likely reflecting political realities as he positions himself nationally.
  • The article’s conservative takeaway is that California’s problem is not insufficient taxation but years of reckless spending, dependency expansion, and one-party governance.
  • Critics argue that if Sacramento cannot cut income taxes during a revenue upswing, taxpayers should not expect relief when the next downturn arrives.

Read the full story: https://nypost.com/2026/05/15/opinion/gavin-newsoms-revised-budget-leaves-out-income-tax-cuts/



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