Personal Income Tax Is State's Dominant General Fund Revenue December 9, 2014

Over the past several decades, the personal income tax has replaced the sales tax as the main source of the state's General Fund revenue.


Income Taxes $1.6 Billion Over Budget Projections Through Nov. 30 December 5, 2014

Most months, we will provide updates on California state tax revenue collections. These updates will come in several waves as information becomes available. In this post, we discuss November 2014 personal and corporate income tax collections.