Translate
California Economy and Taxes
 
Image - Big 3 Revenue Outlook
Image - California's Tax System: A Visual Guide
Image - Economic Indicators
Thumbnail for Income Tax Withholding Tracker: January 1 - January 25

Income Tax Withholding Tracker: January 1 - January 25 January 26, 2021

California withholding collections through January 25 were up 7 percent from the comparable days in 2020, and withholding since March 23 is up 6.1 percent.

Thumbnail for December 2020 State Tax Collections

December 2020 State Tax Collections January 20, 2021

December revenue collections from the state’s three largest taxes were ahead of Governor’s Budget projections by $3.0 billion (21 percent).

Thumbnail for Income Tax Withholding Tracker: December 1 - December 23

Income Tax Withholding Tracker: December 1 - December 23 December 23, 2020

California income tax withholding in December to date is up 19 percent from 2019, and collections since March 23 are up 5 percent.

Thumbnail for November 2020 State Tax Collections

November 2020 State Tax Collections December 16, 2020

November revenue collections from the state’s three largest taxes were ahead of budget projections by $2.4 billion (33 percent).  

Thumbnail for Income Tax Withholding Tracker: November 16 - November 20

Income Tax Withholding Tracker: November 16 - November 20 November 20, 2020

Income tax withholding this week kept pace with the same week in 2019, and collections since late March are 3.5 percent above 2019.

Thumbnail for 2021-22 Fiscal Outlook Revenue Estimates

2021-22 Fiscal Outlook Revenue Estimates November 18, 2020

We discuss the main revenue forecast in our 2021-21 Fiscal Outlook. 

Thumbnail for Income Tax Withholding Tracker: November 9 - November 13

Income Tax Withholding Tracker: November 9 - November 13 November 13, 2020

Income tax withholding again ran ahead of last year's pace, and is up 3.6 percent from last year since late March.

Thumbnail for October 2020 State Tax Collections

October 2020 State Tax Collections November 13, 2020

October revenue collections from the state’s three largest taxes were ahead of budget projections by $2.8 billion (40 percent).  

Thumbnail for Income Tax Withholding Tracker: November 2 - November 6

Income Tax Withholding Tracker: November 2 - November 6 November 6, 2020

Withholding this week was up 6 percent from the same week last year, pushing the cumulative gain since late March to 3.5 percent.

Thumbnail for Income Tax Withholding Tracker: October 26 - October 30

Income Tax Withholding Tracker: October 26 - October 30 November 2, 2020

Income tax withholding kept pace with the same week in 2019, and collections since March are up 3.4 percent from 2019.

Thumbnail for Income Tax Withholding Tracker: October 19 - October 23

Income Tax Withholding Tracker: October 19 - October 23 October 23, 2020

We examine whether economic effects of COVID-19 can be observed in weekly withholding data.

Thumbnail for September 2020 State Tax Collections

September 2020 State Tax Collections October 19, 2020

September collections from the state’s three largest taxes were ahead of budget projections by $4 billion (42 percent). 

Thumbnail for Income Tax Withholding Tracker: October 12 - October 16

Income Tax Withholding Tracker: October 12 - October 16 October 16, 2020

We examine whether economic effects of COVID-19 can be observed in weekly withholding data.

Thumbnail for Income Tax Withholding Tracker: October 5 - October 9

Income Tax Withholding Tracker: October 5 - October 9 October 9, 2020

We examine whether economic effects of COVID-19 can be observed in weekly withholding data.

Thumbnail for Income Tax Withholding Tracker: September 28 - October 2

Income Tax Withholding Tracker: September 28 - October 2 October 2, 2020

We examine whether economic effects of COVID-19 can be observed in weekly withholding data.