Camp Fire survivors want PG&E settlement payouts to be exempt from federal taxes

  • Source: KHSL-TV CBS 12 Chico
  • Published: 11/29/2022 12:00 AM

There is a new push to shield Camp Fire Survivors from paying federal tax on their PG&E settlement payouts. Right now, fire survivors who are getting paid from the Wildfire Victim Trust Fund are paying as high as 37% to the federal government depending on the tax bracket. The Wildfire Victim Trust Fund includes survivors making claims from the 2015 Butte Fire, 2017 North Bay Fires and 2018 Camp Fire. "Until PG&E pays more money, a lot of us are stuck,” said Mike Hoaglund, a Camp Fire survivor who is trying to rebuild on his property that has been in the family since the 1960s. Hoaglund has been living out of a trailer on his burned 2.5 acres for four years now. "It was like world war 3, a lot of explosions,” said Hoaglund. He and other neighbors stayed behind the day the Camp Fire broke out to try and save homes.



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