Cal Facts 1996--State Revenue

Cal Facts 1996, Part IV
State Revenue


Almost Two-Thirds of All State Revenues
Come From Income and Sales Taxes


1995-96 (In Billions)


California's Governments Levy A Wide Variety of Different Taxes



State Revenue Growth Has Resumed


(In Billions)


California's Income Tax Structure Is Highly Progressive


1996 Income Year


Sales Tax Rates Vary by County


Taxable Sales Ratio to Hold Steady


Taxable Sales as a Percent of Personal Income


Profits Recovering From Historic Lows


Corporate Profits as a Percent of Personal Income


State Tax Expenditures -- Over One-Third of Direct Expenditures


1991-92


Table of Contents Part III, State and Local Finance Part IV, State Spending

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