Income Tax Withholding Tracker: July 1 - July 23 [EconTax Blog]

Jul 23, 2021 - Income Tax Withholding Tracker: July 1 - July 23 [EconTax Blog] Income Tax Withholding Tracker: July 1 - July 23 July 23, 2021 Brian Uhler Bottom Line: California income tax withholding collections in July to date are 17.8 percent above July 2020.
https://lao.ca.gov/LAOEconTax/Article/Detail/679

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - Taxes Business Tax Reductions Lifts Temporary Limits on Business Tax Provisions. The Governor ’s budget proposes to end, one year early, temporary limits on the ability of businesses to use NOL deductions and tax credits to reduce their tax payments.
https://lao.ca.gov/Publications/Report/4492

The 2023-24 Budget: One-Time K-12 Spending Proposals

Feb 16, 2023 - Compared with the estimate included in the June 2022 budget plan, the administration revises its estimate of the minimum guarantee up $178   million in 2021 ‑22, primarily due to local property tax revenue exceeding previous estimates.
https://lao.ca.gov/Publications/Report/4688

U.S. Retail Sales Update: October 2020 [EconTax Blog]

Nov 17, 2020 - U.S. retail sales grew modestly in October. Total sales January-October 2020 were just 0.1% below January-October 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/580

K-12 Funding by Source [EdBudget]

Jan 12, 2022 - K-12 Funding by Source [EdBudget]     a Consists primarily of state pension payments on behalf of districts, state debt service on school facility bonds, non-Proposition 98 funding for the California State Preschool Program, and operational expenses of the California Department of Education. b Excludes funding for child care programs administered by the California Department of Social Services
https://lao.ca.gov/Education/EdBudget/Details/588

An Update on California's Film Tax Credit Programs [EconTax Blog]

Jul 22, 2019 - FTB taxpayer compliance staff subsequently verifies tax credit claims with the CFC. Publically reported income tax statistics do not currently d ifferentiate between the different tax credit programs.
https://lao.ca.gov/LAOEconTax/Article/Detail/388

Looking at the Early Effects of Federal Tax Changes on Housing [EconTax Blog]

May 4, 2018 - Looking at the Early Effects of Federal Tax Changes on Housing [EconTax Blog] Looking at the Early Effects of Federal Tax Changes on Housing May 4, 2018 Brian Uhler In December 2017, Congress passed a package of changes to federal personal income tax and corporation tax laws.
https://lao.ca.gov/LAOEconTax/Article/Detail/281

Card Spending Update: October 2020 [EconTax Blog]

Nov 12, 2020 - To do this, we use an index—a weighted average of different spending categories—designed to track movements in California’s sales tax base. In this post, we update the index to include October data and to incorporate data revisions for earlier months.
https://lao.ca.gov/LAOEconTax/Article/Detail/577

Conformity to the Federal Tax Reform Act [Publication Details]

Feb 1, 1987 - Conformity to the Federal Tax Reform Act [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/495

The 2022-23 California Spending Plan: Transportation

Sep 29, 2022 - Diesel Sales Tax Reduction. The budget includes a one-year reduction in the diesel sales tax from 13  percent to roughly 9  percent beginning October 1, 2022. This reduction is intended to provide fiscal relief from high fuel costs to drivers and businesses.
https://lao.ca.gov/Publications/Report/4628