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California's largest teachers union on Friday turned up the pressure on Gov. Newsom, announcing a public campaign aimed at blocking part of his plan to balance the budget.
While Newsom says his budget plan would save public schools from nearly $9 billion, but the union said it would end up costing districts $12 billion in the future.
By Antonio Ray Harvey | California Black Media Arzella J. Valentine, 97, accepted a CLBC/CBCC Business Award for owning Woods-Valentine Mortuary in
Ohtani’s 10-year contract pays him only $2 million a year, deferring $680 million until after his time with the Dodgers — and possibly his California residency — is over. If Ohtani collects that money after returning to his native Japan, California would lose an estimated $98 million in tax revenue from him.
California Controller Malia M. Cohen is calling on the U.S. Congress to amend the tax code and impose caps on deferred payments following Shohei Ohtani's historic $700 million deal with the Los Angeles Dodgers. Ohtani's contract structure: Ohtani's groundbreaking 10-year contract has him making $2 million per year until 2034, deferring $68 million of his $70 million annual salary.