LAO Publications

Because these tax credits will fully reimburs e most California Community College (CCC) students for the fees they pay, the state could raise those fees (and revenue for CCC) with no net impact on most students.
https://lao.ca.gov/publications?page=96&year=0&publicationType=0

LAO Publications

Despite annual costs exceeding revenues in the fifth year, the program still has a positive cumulative fund balance because the collection of tobacco tax and employer fees start before program costs are incurred.
https://lao.ca.gov/Publications?page=10&year=0&publicationType=0&type=Other

LAO Publications

All Years2018201720162015201420132012201120102009200820072006200520042003200220012000199919981997199619951994199319921991199019891988198719861985198419831982198119801979197819771976197519741973197219711970196919681967196619651964196319621961196019591958195719561955195419531952195119501949194819471945All PublicationsHandoutOtherPostReportReport Taxpayer Use and Administration of the Revised 540
https://lao.ca.gov/Publications?page=103&year=0&publicationType=0

LAO Publications

The Legislature can use discretionary resources to build more budget reserves, increase spending, and/or reduce taxes. We also estimate the Legislature will have $5.3 billion in uncommitted school and community college (Proposition 98) funds to allocate in 2018-19.
https://lao.ca.gov/Publications?page=11&year=0&publicationType=0

LAO Publications

In so doin g, we have applied the same approach as with direct spending programs--that is, we have examined tax-related provisions referred to as tax expenditure programs (TEPs)--and recommen ded changes to those that are not achieving their stated purposes or are of a lower priority.
https://lao.ca.gov/Publications?page=111&year=0&publicationType=0

LAO Publications

Loni Hancock, Chair Format: Tax Expenditure Reviews November 16, 2007 - Tax expenditure programs (TEPs) are features of the tax code—including credits, deductions, exclusions, and exemptions—that enable a targeted set of taxpayers to reduce their taxes relative to what they would pay under a “basic” tax-law structure.
https://lao.ca.gov/Publications?page=116&year=0&publicationType=0

LAO Publications

What types of policy issues are associated with the current tax structu re, especially in light of our changing economy? The purpose of this primer is to address these and other tax-related questions, so as to aid policymakers and other interested part ies in their tax-related deliberations and decision making.
https://lao.ca.gov/Publications?page=118&year=0&publicationType=0

LAO Publications

Format: The Property Tax Inheritance Exclusion October 9, 2017 - When a property changes hands the taxes paid for the property often increase substantially. This is not true for most inherited property.
https://lao.ca.gov/Publications?page=12&year=0&publicationType=0

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