With some Medi-Cal enrollees no longer qualifying or unaware they need to renew their coverage, officials estimate 2 million to 3 million people could lose their health insurance.
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The city had estimated that the $25 fees would yield $1.3 million, to be collected by a non-profit foundation established to distribute all fee revenue to community-based programs focused on reducing gun violence. That revenue estimate was based on 100% participation of the city’s estimated 52,000 gun-owning households – one of every 15 city adults.
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Congress outlawed tax deductions on “wash sales” in 1921, but Goldman Sachs and others have helped billionaires like Silicon Valley's Mark Zuckerberg, Brian Acton and Dustin Moskovitz see huge tax savings by selling stocks for a loss and then replacing them with nearly identical investments.
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One in 10 state lawmakers is related by blood or marriage to other legislators past and present. State Sen. Dave Cortese, a Campbell Democrat, is one of these, who has benefited from name recognition: His father, Dominic, served on the Santa Clara County Board of Supervisors before nabbing a seat in the Assembly.
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