The extraction and recovery of oil and gas, as well as fossil fuel consumption. [Ballot]

Nov 23, 2021 - Likely decrease in state tax and fee revenues over time that could reach several hundred million dollars annually, primarily from reduced state income tax and sales tax paid by oil and gas extraction businesses, their employees, and others with jobs induced by the oil and gas industry.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-028

Income Tax Withholding Tracker: September 7 - September 11 [EconTax Blog]

Sep 11, 2020 - Income Tax Withholding Tracker: September 7 - September 11 [EconTax Blog] Income Tax Withholding Tracker: September 7 - September 11 September 11, 2020 Brian Uhler Bottom Line:   California income tax withholding has run slightly behind 2019 over the past two weeks.
https://lao.ca.gov/LAOEconTax/Article/Detail/541

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - Federal law requires states to tax the first $7,000 in wages at a minimum. Most states tax a higher amount —only California, Tennessee, Florida, and Arizona tax the minimum. Revenue from the federal tax is collected by the federal government and redistributed to states to cover UI overhead costs.
https://lao.ca.gov/Publications/Report/4615

Income Tax Withholding Tracker: August 31 - September 4 [EconTax Blog]

Sep 4, 2020 - Income Tax Withholding Tracker: August 31 - September 4 [EconTax Blog] Income Tax Withholding Tracker: August 31 - September 4 September 4, 2020 Brian Uhler Bottom Line:   California income tax withholding ran about even with 2019 this week after accounting for the timing of Labor Day .
https://lao.ca.gov/LAOEconTax/Article/Detail/539

Income Tax Withholding Tracker: August 24 - August 28 [EconTax Blog]

Aug 28, 2020 - Income Tax Withholding Tracker: August 24 - August 28 [EconTax Blog] Income Tax Withholding Tracker: August 24 - August 28 August 28, 2020 Brian Uhler Bottom Line:   California income tax withholding had a surprising surge this week, and total collections since late March are now 0.8 percent above  the comparable period in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/535

Income Tax Withholding Tracker: August 17 - August 21 [EconTax Blog]

Aug 21, 2020 - Income Tax Withholding Tracker: August 17 - August 21 [EconTax Blog] Income Tax Withholding Tracker: August 17 - August 21 August 21, 2020 Brian Uhler Bottom Line:   California income tax withholding was about even with the same week in 2019, and total collections since late March likewise are about even with the comparable period in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/527

2022 Update on the California Earned Income Tax Credit [Publication Details]

Oct 3, 2022 - 2022 Update on the California Earned Income Tax Credit [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/4630

Income Tax Withholding Tracker: August 10-August 14 [EconTax Blog]

Aug 14, 2020 - Income Tax Withholding Tracker: August 10-August 14 [EconTax Blog] Income Tax Withholding Tracker: August 10-August 14 August 14, 2020 Brian Uhler Bottom Line:   California income tax withholding surged this week, pushing total collections since late March to within 0.9 percent of the comparable period in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/522

Income Tax Withholding Tracker: August 3-August 9 [EconTax Blog]

Aug 7, 2020 - Income Tax Withholding Tracker: August 3-August 9 [EconTax Blog] Income Tax Withholding Tracker: August 3-August 9 August 7, 2020 Brian Uhler Bottom Line:   California income tax withholding surged this week, pushing total collections since late March to within 0.9 percent of the comparable period in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/514

Gauging Risk in Capital Gains Revenue Estimates [EconTax Blog]

Feb 12, 2019 - Gauging Risk in Capital Gains Revenue Estimates [EconTax Blog] Gauging Risk in Capital Gains Revenue Estimates February 12, 2019 Justin Garosi Revenue from taxation of capital gains is a major component of state personal income tax collections, making up 16 percent of total projected personal income tax revenues for 2018-19.
https://lao.ca.gov/LAOEconTax/Article/Detail/346