“Qualifying residents.” This is vote-buying with other people’s money, not legitimate public policy. No one believes this is a solution to anything, except maybe holding some seats while the Saudis snuff the SPR illusion.
Other people how? For many it's just a refund on state income taxes.
69.5% of filers by count in the bottom groups, generate 10.5% of tax revenue, max refund, 79% of total refund. 4.5% of filers in the top groups, generate 55.2% of tax revenue, zero refund. Middle two groups are 12.3% and 14.2% of payers, generate 8.8% and 25.5% of revenue, receive 10.6% and 10.3% of total refund.
These categories don't match exactly, but close enough.
Sources: https://www.ftb.ca.gov/about-ftb/newsroom/middle-class-tax-r... https://data.ftb.ca.gov/California-Personal-Income-Tax/PIT-A...