2007 Initiative Analysis: The McCauly-Rooker Wealth Tax and Ocean Preservation Act

Impact From New Taxes One-Time Increase From the Wealth Tax. The measure would result in a one-time increase in state revenues (realized in 2008 ‑09 and 2009 ‑10) as a result of the establishment of the wealth tax.
https://lao.ca.gov/ballot/2007/070636.aspx

2014 Initiative Analysis: California Brain Research and Tobacco Tax Act of 2014

File No. 14 ‑0005) that would increase the state’s cigarette excise tax from 87 cents to $1.87 per pack. Background Tobacco Taxes Existing State Excise Taxes. Current state law imposes excise taxes on the distribution of cigarettes and other tobacco products, such as cigars and chewing tobacco.
https://lao.ca.gov/ballot/2014/140042.aspx

^[PDF] LAO 1996 Perspectives and Issues: PERSPECTIVES ON STATE REVENUES

Optional Local Tax Rates. Local governments are authorized to levy additional local sales taxes for a variety of purposes. Most optional taxes are levied on a county-wide basis, primarily for transportation.
https://lao.ca.gov/analysis_1996/p963.pdf

2007 Initiative Analysis: The McCaley-Rooker Wealth Tax and Oceans Preservation Act

Offsetting these additional revenues would be reductions associated with various tax programs. The largest of these reductions involve the proposed refundable health ins urance tax credit, teacher tax credit, and property tax credit.
https://lao.ca.gov/ballot/2007/070091.htm

2008 Initiative Analysis: The McCauley-Rooker Wealth Tax and Oceans Preservation Act

Impact From New Taxes One-Time Increase From the Wealth Tax. The measure would result in a one-time increase in state revenues (realized in 2011 ‑12 and 2012 ‑13) as a result of the establishment of the wealth tax.
https://lao.ca.gov/ballot/2008/080821.aspx

Abusive Tax Shelters: Impact of Recent California Legislation

In the largest criminal tax cased ever filed, the IRS sued the firm of KPMG for developing false tax scenario s, filing fraudulent tax returns, and concealing various information from tax authorities.
https://lao.ca.gov/2006/abusive_tax_shelters/abusive_tax_shelters_012706.htm

2005 Initiative Analysis: Two-Thirds Vote Preservation Act of 2005

Background Information State Taxes and Fees Taxes. The State Constitution requires a two-thirds vote of each house of the Legislature for measures that result in net aggregate increases in revenues from imposing new taxes or chan ging existing taxes.
https://lao.ca.gov/ballot/2005/050177.htm

^[PDF] ALTERNATIVE PUBLIC TRANSPORTATION FUNDING FOR LOS ANGELES COUNTY

As noted above, a payroll tax would impact salary and wage earners without taxing other income. In contrast to an income tax, it would not provide allowances for exemptions or deductions. For example, an employee earning $20,000 annually would be taxed $100 for each one-half percent increment of tax applied.
https://lao.ca.gov/reports/1979/01_alternitive_public_transportation_funding_for_los_angeles_county.pdf

^[PDF] The 2021-22 Budget: Business Tax Incentives

Federal Deduction for State and Local Taxes Limited to $10,000. Federal personal income tax filers may deduct up to $10,000 of state and local taxes (SALT) from their taxable income. Prior to the 2017 federal tax changes, there was no upper limit on the amount of state and local taxes a filer could deduct.
https://lao.ca.gov/reports/2021/4327/business-tax-incentives-012821.pdf

^[PDF] Letter to Honorable Mark Leno on Corporation Tax Trends

The two largest taxes paid by businesses—property taxes and sales taxes—were each much larger than the total amount of state corporate income taxes. Corporation Tax as Percent of State Revenues The discussion at the hearing focused largely on the trend, over time, in the share of state revenues that come from the CT.
https://lao.ca.gov/letters/2014/Leno-Corporation-Tax-031314.pdf