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


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

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