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Top 2 state of the state News Today

#1
Brian Kemp survived Trump’s anger. Now he wants to shape Georgia’s future
#1 out of 2
politics1d ago

Brian Kemp survived Trump’s anger. Now he wants to shape Georgia’s future

  • Kemp delivered his final State of the State address, outlining a conservative agenda for Georgia.
  • He proposed using a $1.17 billion surplus for income tax rebates and speeding tax cuts to 4.99%.
  • Kemp urged $2,000 one-time bonuses for teachers and state employees.
  • The governor emphasized expanding tax relief as a core element of growth.
  • Kemp signaled future political influence by backing candidates aligned with his agenda.
  • Analysts view Kemp as a potential model for a post-Trump Republican in Georgia.
  • Kemp's stance includes tax cuts, Medicaid expansion opposition, and social conservative positions.
  • He highlighted addressing state surplus and debt as fiscally prudent governance.
  • Kemp’s ecosystem includes placing allies in insurance and labor posts.
  • The piece notes Kemp’s ongoing influence despite stepping back from statewide races.
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#2
Echoing Trump, Newsom vows crackdown on corporate homebuying in California
#2 out of 226.4K est. views
politics13h ago

Echoing Trump, Newsom vows crackdown on corporate homebuying in California

  • Newsom pledges action with the Legislature to curb institutional investors buying homes to rent in California.
  • AB 1240 would bar investors who own at least 1,000 single-family properties from buying more homes in rent-to-own schemes.
  • Newsom framed corporate landlords as a contributor to California’s affordability crisis and rents.
  • Invitation Homes faced settlements over eviction practices and security deposits.
  • Newsom’s plan aligns with a broader push to regulate institutional real estate investment.
  • The policy consideration includes potential changes to the state tax code.
  • Newsom’s remarks followed public attention to ‘corporate landlords’ during housing debates.
  • The debate highlights the share of corporate ownership in California housing.
  • The issue traces back to pandemic-era market conditions and investor housing strategies.
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