California Economy and Taxes
 


April 2017 State Tax Collections May 8, 2017

We tracked personal income tax (PIT) collections of California's tax agencies throughout April, a key month for receipts of the state government's largest revenue source. This post also includes prelimimary tax agency reports on April's corporation and sales tax collections.


March 2017 State Tax Collections April 11, 2017

Based on preliminary tax agency data, March 2017 income tax collection trends were quite positive.


February 2017 State Tax Collections March 9, 2017

We now have some preliminary February 2017 state tax collection data from California's tax agencies.


January 2017 State Jobs Report March 9, 2017

We examine the January 2017 California state jobs report, released by the Employment Development Department on March 3, 2017.


Sales Tax Exemption for Manufacturing and R&D Equipment: An Update March 3, 2017

On March 1, 2017, BOE reported that taxpayers claimed an estimated $165 million of these tax exemptions in 2016—a 6% increase from 2015.


Recap: December 2016 State Jobs Report March 3, 2017

We recap the key data from the December 2016 California jobs report, which was released on January 20, 2017.


February 2017 Cap-and-Trade Auction Results March 1, 2017

The state will likely generate only about $8 million in revenue from the auction.


Administration's January 2017 Proposition 30/55 Revenue Estimates February 7, 2017

We display the administration's estimates for this revenue source as of January 2017.


January 2017 State Tax Collections February 6, 2017

We have received preliminary data from tax agencies on January 2017 collections of California's major state taxes.


December 2016 State Tax Collections January 5, 2017

We have begun to receive preliminary information on December 2016 state major tax collections.


A Look at Recent Progress Toward Statewide Housing Goals December 15, 2016

Most coastal counties are meeting or nearly meeting their production goals. On the flip side, home building in the state’s inland areas has fallen short of targets. Rather than suggesting that home building levels are sufficient in California’s coastal areas, the fact that permitting has kept pace with targets in these areas may suggest that these production goals do not reflect the full extent of demand for housing in these areas. Production goals likely need to be higher if the high cost of and intense competition for housing in these areas is to be curbed.


Sales Tax Rates: Prop. 30 and Comparisons to Other States December 15, 2016

California's sales tax rates are among the highest in the U.S., but different comparisons generate different rankings for California, ranging from second-highest to 11th-highest in the nation.


The Effects of Minimum Wages on Employment December 15, 2016

We discuss one of the most widely debated and heavily studied aspects of minimum wages: their effects on employment.


November 2016 State Tax Collections December 13, 2016

We discuss the preliminary data from tax agencies about November 2016 state tax collections.


California's New Minimum Wage: An Introduction to the Series December 6, 2016

This post is an introduction to our blog series on California's new minimum wage.