Splitting California into three new U.S. states. [Ballot]

Oct 9, 2017 - In summary, differences in incomes and wealth would translate into very different tax bases for the proposed states. Mainly because Bay Area residents in the new Northern Californi a have higher incomes, they pay notably more per person in income, sales, and property taxes under the existing California tax system.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-018

Why Are Unemployment Claims a Useful Economic Indicator? [EconTax Blog]

Jul 24, 2018 - Personal income is the tax base for the state ’s largest source of tax revenue : the personal income tax.  
https://lao.ca.gov/LAOEconTax/Article/Detail/290

The 2017-18 Budget: The Governor's May Revision In-Home Supportive Services Cost-Sharing Proposal

May 16, 2017 - The proposal does not specify whether this determination would be made based on the growth in sales tax, VLF, or a combination. Sales Tax Forgiveness. Recently, the Department of Finance and others have identified issues in the Board of Equalization ’s distribution of sales tax revenue.
https://lao.ca.gov/Publications/Report/3671

1,000 percent sales tax on political advertisements. [Ballot]

Oct 28, 2015 - The amount of tax money the proposed sales tax would generate for public education is highly uncertain. This is due to the unknown outcome of the court challenges described above a nd uncertainty about how any such tax, however applied, would affect the behavior of groups and individuals involved in politics.  
https://lao.ca.gov/BallotAnalysis/Initiative/2015-061

May Revision: Property Tax Estimates [EconTax Blog]

May 23, 2016 - May Revision: Property Tax Estimates [EconTax Blog] May Revision: Property Tax Estimates May 23, 2016 Carolyn Chu Local property taxes distributed to school and community college districts affect the state 's Proposition 98 school funding requirements.
https://lao.ca.gov/LAOEconTax/Article/Detail/189

The 2018-19 Budget: California's Fiscal Outlook

Nov 15, 2017 - California, for example, may be disproportionately affected by proposed changes to the state and local tax deduction, but the state ’s economy also could benefit from other parts of the plan. Changes to the federal tax code also could affect the administration of state tax laws, and this could lead to proposals for legislation to conform California ’s tax laws to some of the federal changes.
https://lao.ca.gov/Publications/Report/3718

The 2017-18 Budget: Governor's Gann Limit Proposal

Mar 2, 2017 - Essentially, this means that appropriations from tax levies are subject to the limit. For example, revenues from the state ’s “big three ” taxes —the personal income tax, sales and use tax, and corporation tax —were included in the initial calculation of state proceeds of taxes.
https://lao.ca.gov/Publications/Report/3596

The 2022-23 Budget: Analysis of Child Welfare Proposals and Program Implementation Updates

Feb 22, 2022 - Tax Credit for Former Foster Youth: $20  million estimated reduction in revenue to provide fully refundable tax credits of around $1,000 to former foster youth age 18  through  25 who are eligible for the California Earned Income Tax Credit.
https://lao.ca.gov/Publications/Report/4558

The 2022-23 Budget: Department of Toxic Substances Control Reform Implementation

Jan 25, 2022 - The account is primarily funded by a broad ‑based tax charged to businesses that contribute to hazardous waste. Department Recently Underwent Significant Governance and Fiscal Reform. Budget trailer legislation as part of the 2021 ‑22 budget package, Chapter  73 of 2021 (S B  158 , Committee on Budget and Fiscal Review), restructured and increased the charges that support HWCA and TSCA.
https://lao.ca.gov/Publications/Report/4497

Tribal gaming. [Ballot]

Dec 27, 2021 - This is because a federal court previously determined that the payments required by certain tribal-state com pacts into the state ’s General Fund for use at the state ’s discretion generally were an illegal tax prohibited under federal law.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-039