Income Tax Withholding Tracker: October 26 - October 30 [EconTax Blog]

Nov 2, 2020 - Income Tax Withholding Tracker: October 26 - October 30 [EconTax Blog] Income Tax Withholding Tracker: October 26 - October 30 November 2, 2020 Brian Uhler Bottom Line: California income tax withholding collections this week were 1 percent below the comparable week in 2019, and total withholding since late March stands at 3.4 percent above the same period last year.
https://lao.ca.gov/LAOEconTax/Article/Detail/572

The 2024-25 Budget: Cap-and-Trade Expenditure Plan

Feb 20, 2024 - The  Legislature has flexibility around how it is able to direct GGRF revenues because the program was authorized in a way that is akin to a tax, meaning the funds can legally be used for broad purposes.
https://lao.ca.gov/Publications/Report/4847

Income Tax Withholding Tracker: October 19 - October 23 [EconTax Blog]

Oct 23, 2020 - Income Tax Withholding Tracker: October 19 - October 23 [EconTax Blog] Income Tax Withholding Tracker: October 19 - October 23 October 23, 2020 Brian Uhler Bottom Line:   Thanks to a huge day on Wednesday, California income tax withholding collections this week were 27 percent above the comparable week in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/570

Updated 2022-23 "Big Three" Revenue Outlook [EconTax Blog]

Aug 1, 2022 - Consistent with this, our updated estimates suggest collections from the state ’s “big three ” taxes —personal income, sales, and corporation taxes —are likely  to fall below the Governor 's Budget assumption of $200  billion.
https://lao.ca.gov/LAOEconTax/article/Detail/744

Updated 2022-23 "Big Three" Revenue Outlook [EconTax Blog]

Aug 1, 2022 - Consistent with this, our updated estimates suggest collections from the state ’s “big three ” taxes —personal income, sales, and corporation taxes —are likely  to fall below the Governor 's Budget assumption of $200  billion.
https://lao.ca.gov/LAOEconTax/Article/Detail/744

Cannabis Tax Revenue Update [EconTax Blog]

Aug 23, 2021 - Cannabis Tax Revenue Update [EconTax Blog] Seth Kerstein In November 2016, California voters approved Proposition 64 , which legalized the nonmedical use of cannabis. The state levies two excise taxes on cannabis: a retail excise tax and a cultivation tax.
https://lao.ca.gov/LAOEconTax/Article/Detail/687

Income Tax Withholding Tracker: October 12 - October 16 [EconTax Blog]

Oct 16, 2020 - Income Tax Withholding Tracker: October 12 - October 16 [EconTax Blog] Income Tax Withholding Tracker: October 12 - October 16 October 16, 2020 Brian Uhler Bottom Line:   California income tax withholding collections this week were 4 percent below the comparable week in 2019, although total withholding since late March remains 2.4 percent above the same period last year.
https://lao.ca.gov/LAOEconTax/Article/Detail/565

Income Tax Withholding Tracker: October 5 - October 9 [EconTax Blog]

Oct 9, 2020 - Income Tax Withholding Tracker: October 5 - October 9 [EconTax Blog] Income Tax Withholding Tracker: October 5 - October 9 October 9, 2020 Brian Uhler Bottom Line:   California income tax withholding collections over the past two weeks were 9 percent above the comparable weeks in 2019, pushing total withholding since late March to 2.5 percent above the same period last year.
https://lao.ca.gov/LAOEconTax/Article/Detail/561

High-quality public schools (Version 1). [Ballot]

Aug 30, 2023 - The remaining funding is from a combination of local property taxes and federal funding. State Law Regulates School Operations in Many Areas. For example, the law requires school district students to take standardized tests in several subjects, specifies the courses that students must complete to earn a high school dipl oma, and specifies the reasons a district may suspend or expel a student.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-009

High-quality public schools (Version 2). [Ballot]

Aug 30, 2023 - The remaining funding is from a combination of local property taxes and federal funding. State Law Regulates School Operations in Many Areas. For example, the law requires school district students to take standardized tests in several subjects, specifies the courses that students must complete to earn a high school dipl oma, and specifies the reasons a district may suspend or expel a student.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-010