California Governor Race: Candidates Propose Tax Cuts and Film Incentives
The latest in this situation
- Xavier Becerra joined a rally in Indio while campaigning against Steve Hilton for governor.
- Steve Hilton unveiled a new campaign plan, using the Sunbreak Ranch project as a prototype, during a news conference in San Diego.
- Equality California endorses Becerra and criticizes Hilton's campaign ad.
- Hilton challenges Becerra and campaigns for Governor in California.
How it started
What happened
Steve Hilton outlined a plan to revive Hollywood production that includes increased tax credits and state-backed financing for studio repairs, aiming to eliminate the $750 million cap on the state’s film incentive. Separately, Hilton's tax plan proposes no state taxes on the first $150,000 of income and would cap remaining income taxes at 8%. Xavier Becerra has not committed to eliminating the film tax cap, stating he will wait for proposals from the state legislature.
From variety.com, mercurynews.com
Why it matters
The proposals address a dramatic downturn in production jobs, which have fallen by about 52,000 statewide over the last four years. Hilton's tax plan would result in a decline of around 40% in the state income tax bill for California's highest earners. These policies directly impact corporate costs and state revenue in the world's fourth-largest economy.
Who's involved
- Steve HiltonRepublican contender for California governor who proposed tax and film incentive plans.
- Xavier BecerraDemocrat rival contesting the governorship of California.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.How it developed
Newest first. Tap a step to see who reported it.- Xavier Becerra joined a rally in Indio while campaigning against Steve Hilton for governor.Sub-event
- Steve Hilton unveiled a new campaign plan, using the Sunbreak Ranch project as a prototype, during a news conference in San Diego.Sub-event
Equality California endorses Becerra and criticizes Hilton's campaign ad.1 source
Hilton challenges Becerra and campaigns for Governor in California.1 source
- Steve Hilton and Xavier Becerra visited the University of California on August 31st for discussions related to the gubernatorial race in California.Sub-event
Becerra widens lead over Hilton in California governor race; voters prioritize fighting Trump policies.1 source
- Hilton pressures Becerra in the ongoing gubernatorial race in California.Sub-event
- Steve Hilton attacks Xavier Becerra's professional record, specifically his tenure within the Biden administration and HHS.Sub-event
Show 1 earlier step
Hilton challenges Becerra in a political race focused on governing California.1 source
Keep exploring
The entities involved
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Steve Hilton
British-American political advisor and television host (born 1969)
Nothing else this week.
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Xavier Becerra
25th United States Secretary of Health and Human Services
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California
former rapid transit station in Chicago, United States
Related events
Coverage
Newest first; wire copies grouped- variety.com
- mercurynews.com
- ocregister.com
- washingtonblade.com
- foxnews.com
- abc7.com
- pasoroblesdailynews.com
- turnto23.comCalifornia governor's race: Xavier Becerra and Steve Hilton offer competing visions for the state
- yahoo.com
- mynewsla.com
- latimes.com
- el-observador.com