LAO Publications

Format: The Governor’s Tax Proposal February 21, 2007 - The budget contains two tax-change proposals. The first is to permanently repeal the existing teacher retention tax credit, which was adopted in 2000 but was temporarily suspended in four of the past six years.
https://lao.ca.gov/publications?page=120&year=0&publicationType=0

LAO Publications

This difference, know n as the "tax gap," is currently estimated at $6.5 billion annually and is due to the underreporting of income and various other factors. The budget proposes to spend $19.6 million in 2007-08 to continue certain pilot programs and undertake several new initiatives aimed at narrowing the tax gap.
https://lao.ca.gov/publications?page=122&year=0&publicationType=0

LAO Publications

We find that (1) the law change has resulted in a sharp reduction in out-of-state usa ge exemptions and an increase in sales and use tax revenues, and (2) the negative economic impacts arising from the measure do not appear to be particularly large.
https://lao.ca.gov/publications?page=129&year=0&publicationType=0

LAO Publications

After climbing by over 8 percent in 2004‑05, the 2006‑07 Governor’s Budget assumes that revenues from the state’s major taxes will increase further by 6.2 percent in 2005‑06 and 5.7 percent in 2006‑07.
https://lao.ca.gov/publications?page=135&year=0&publicationType=0

LAO Publications

Format: Perspectives on State Revenues 2005-06 February 22, 2005 - The current strength in the economy is translating into solid growth in receipts from the state's taxes—particularly the corporate tax and personal income tax.
https://lao.ca.gov/publications?page=144&year=0&publicationType=0

LAO Publications

In return for these restrict ions, the property owners pay reduced property taxes because the land is assessed at a lower-than-maximum level. We recommend that the Legislature provide for the gradual eliminati on of payments to local governments for the local revenue losses associated with Williamson Act contracts.
https://lao.ca.gov/publications?page=149&year=0&publicationType=0

LAO Publications

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https://lao.ca.gov/publications?page=163&year=0&publicationType=0

LAO Publications

Tax expenditure programs, as defined by ACR 17, include various tax exemptions, exclusions, deductions, credits, and other special tax provisions which affect the ammmt of revenues collected through the state's tax system.
https://lao.ca.gov/publications?page=184&year=0&publicationType=0

LAO Publications

Format: March 2, 2017 - Presented to: Senate Budget Subcommittee No. 1 on Education Finance Format: The 2017-18 Budget: Governor's Gann Limit Proposal March 2, 2017 - Under the State Constitution, state tax revenues in excess of the Prop 4 (1979) state appropriations limit, or Gann Limit, must be split between taxpayer rebates and additional sch ool spending.
https://lao.ca.gov/publications?page=19&year=0&publicationType=0

LAO Publications

We exam ine these property tax shift relief proposals, comparing options that would cost the state greatly differing amounts. Format:
https://lao.ca.gov/publications?page=191&year=0&publicationType=0