LAO Economy and Taxes

LAO Economy and Taxes (916) 319-8365 Sales and Excise Taxes and Demographics Publications Economy and Taxes To browse all LAO publications, visit our Publications page. All
https://lao.ca.gov/Policy-Areas?areaId=8&category=0&year=0&page=22

LAO Economy and Taxes

Report Evaluation of a Sales Tax Exemption for Certain Manufacturers Format: HTML December 11, 2018 - The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) administers a sales tax exemption for equipment used for certain manufacturing activities.
https://lao.ca.gov/Policy-Areas?areaId=8&category=0&year=0&page=5

LAO Publications

LAO Publications HTML February 21, 2007 - There is a substantial difference between the amount of taxes that are statutorily owed to the state versus the taxes that are actually remitted by taxpayers.
https://lao.ca.gov/Publications?page=190&year=0&productid=0&categoryid=0

TRANSPORTATION OVERVIEW

The following figure shows the sources and uses of these tax re venues. Traffic Growth Outpaces Fuel Tax Revenue Fuel tax revenues for the state highway system have failed to keep pace with the growth in highway driving.
https://lao.ca.gov/1995/010195_calguide/cgtrans1.html

^[PDF] Overview of Proposition 98 Budget_Assembly

Governor’s Proposition 98 Package Assumes Adoption of Tax Package General Fund Tax Proposals Increase Proposition 98 Funding (In Billions) 2010-11 2011-12 Two-Year Totals General Fund Revenue Proposals Extend the 0.25 percent point personal income tax surcharge for fi ve years $1.2 $2.1 $3.3 Extend reduction in dependent exemption credit for fi
https://lao.ca.gov/handouts/education/2011/Overview_of_Proposition_98_Budget_Assembly_012511.pdf

^[PDF] Budget Accountability Act

Similarly, the lower vote requirement would make it easier in some years to approve temporary tax increases related to the budget. In such cases, the measure would result in higher tax revenues (and state spending) than otherwise would have occurred.
https://lao.ca.gov/ballot/2003/030553.pdf

^[PDF] 1965 Budget Analysis: Transmittal

Increase the Bank and Corporation Tax. E. An unincorporated business tax (of the type now levied III New York). C. Increase in taxes on alcoholic beverages. D. Severance tax on petroleum and natural gas and/or reduction of depletion allowances.
https://lao.ca.gov/analysis/1965/01_transmittal_1965.pdf

1996-97 Budget Analysis: Transportation, Crosscutting Issues

Prop osition 62, passed by voters in 1986, prohibits a local agency from imposing (1) a tax for specific purposes (a "special tax ") unless it is approved by two-thirds of the voters or (2) a tax for general purposes (a "general tax ") unless it is approved by a majority of the voters.
https://lao.ca.gov/analysis_1996/a96acc.html

Making Government Make Sense: A More Rational Structure for State and Local Government

Allocation of Property Tax Revenues. Local property tax allocations for cities and counties would be increased by the aggregate amount of shifted costs and local sales tax revenues. The increased property tax revenues , together with existing local property tax revenues, would be entirely reallocated among local agencies.
https://lao.ca.gov/analysis_1993/MGMS_reprint_02-93.html

LAO Publications

LAO Publications April 23, 2015 - Presented to Senate Budget and Fiscal Review Subcommittee No. 1 on Education Report The 2015-16 Budget: Cigarette Tax and Licensing Programs Format: HTML April 22, 2015 - California imposes excise taxes on cigarettes and on other tobacco products such as cigars and chewing tobacco.
https://lao.ca.gov/Publications?page=108&year=0&productid=0&categoryid=0