Proposition 32 [Ballot]

Nov 5, 2024 - Proposition 32 would affect income tax and sales tax revenues because it would change incomes and prices. Overall, the proposition likely would reduce state and local government revenues. Revenues would be lower mainly due to lower incomes for business owners.
https://lao.ca.gov/BallotAnalysis/Proposition?number=32&year=2024

Proposition 33 [Ballot]

Nov 5, 2024 - Reduced Local Property Tax Revenues.  A decline in the value of rental properties would reduce the amount of property taxes paid by landlords. This would reduce property tax revenues for cities, counties, special districts, and schools.
https://lao.ca.gov/BallotAnalysis/Proposition?number=33&year=2024

Proposition 34 [Ballot]

Nov 5, 2024 - Were an affected entity to violate Proposition  34 ’s restrictions or engage in bad conduct, it would face penalties (such as the loss of its tax-exempt status and its health care licenses for ten years).
https://lao.ca.gov/BallotAnalysis/Proposition?number=34&year=2024

Proposition 35 [Ballot]

Nov 5, 2024 - Analysis of Measure Background State Charges a Specific Tax on Health Plans. Since 2009, California typically has charged a specific tax on certain health plans, such as Kaiser Permanente. This tax is called the Managed Care Organization Provider Tax ( “health plan tax ”).
https://lao.ca.gov/BallotAnalysis/Proposition?number=35&year=2024

Proposition 36 [Ballot]

Nov 5, 2024 - This is because some people would spend more time in county jail or on community supervision. Overall, Proposition  36 likely would increase the county population. This increase could be around a few thousand people.
https://lao.ca.gov/BallotAnalysis/Proposition?number=36&year=2024

Proposition 4 [Ballot]

Nov 5, 2024 - Local governments such as cities and counties also pay for local parks. The federal government also pays for various natural resources and climate activities. For example, the federal government provides money to improve local drinking water systems and to build energy infrastructure.
https://lao.ca.gov/BallotAnalysis/Proposition?number=4&year=2024

Proposition 5 [Ballot]

Nov 5, 2024 - For cities, counties, and special districts, bonds paid for by increased property taxes typically require two-thirds of local voters to approve them. These are called general obligation bonds. Proposal Proposition 5 changes the rules in the California Constitution for approving certain local government general obligation bonds.
https://lao.ca.gov/BallotAnalysis/Proposition?number=5&year=2024

Proposition 6 [Ballot]

Nov 5, 2024 - Some People in State Prison and County Jail Work. People in prison and jail can be required to work or do other activities such as taking classes. Work includes jobs like cooking, cleaning, or other tasks needed to run prisons and jails.
https://lao.ca.gov/BallotAnalysis/Proposition?number=6&year=2024

U.S. Retail Sales Update: September 2024 [EconTax Blog]

Oct 17, 2024 - U.S. retail sales have grown 1.7 percent over the last 3 months and also 1.7 percent over the last 12 months. Retail sales growth has outpaced inflation over the last 3 months, but not over the last 12 months.
https://lao.ca.gov/LAOEconTax/article/Detail/814

U.S. Retail Sales Update: September 2024 [EconTax Blog]

Oct 17, 2024 - U.S. retail sales have grown 1.7 percent over the last 3 months and also 1.7 percent over the last 12 months. Retail sales growth has outpaced inflation over the last 3 months, but not over the last 12 months.
https://lao.ca.gov/LAOEconTax/Article/Detail/814