Income Tax Withholding Tracker: June 22-June 26 [EconTax Blog]

Jun 26, 2020 - Income Tax Withholding Tracker: June 22-June 26 [EconTax Blog] Income Tax Withholding Tracker: June 22-June 26 June 26, 2020 Brian Uhler Bottom Line:   California income tax withholding appears to have settled in at a level about 3 percent below the same period in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/488

Home Prices Update: May 2020 [EconTax Blog]

Jun 23, 2020 - The graph below shows appreciation over the past 12 months for the state ’s 15 largest counties. The San Francisco Bay Area has some of the most expensive housing in the nation, but the five Bay Area counties among this group (Alameda, Contra Costa, San Francisco, San Mateo, and Santa Clara) have all seen recent appreciation below the national average rate and Contra Costa has in fact seen a decline.
https://lao.ca.gov/LAOEconTax/Article/Detail/485

Income Tax Withholding Tracker: June 15-June 19 [EconTax Blog]

Jun 19, 2020 - Income Tax Withholding Tracker: June 15-June 19 [EconTax Blog] Income Tax Withholding Tracker: June 15-June 19 June 19, 2020 Brian Uhler Bottom Line:   California income tax withholding appears to have stabilized, with aggregate collections over the past five weeks almost exactly matching the comparable weeks in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/483

U.S. Retail Sales: May 2020 [EconTax Blog]

Jun 16, 2020 - May 2020 U.S. retail sales show significant rebound from April decline.
https://lao.ca.gov/LAOEconTax/Article/Detail/481

Income Tax Withholding Tracker: June 8-June 12 [EconTax Blog]

Jun 12, 2020 - Income Tax Withholding Tracker: June 8-June 12 [EconTax Blog] Income Tax Withholding Tracker: June 8-June 12 June 12, 2020 Brian Uhler Bottom Line:   There has been a notable improvement in income tax withholding recently, with collections in each of the last three weeks coming in ahead of the comparable weeks in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/479

The 2020-21 May Revision: Analysis of 2020-21 May Revision IHSS Budget

Jun 9, 2020 - We note that this cost includes things other than wages and benefits, such as certain associated taxes and administrative costs. The increase in the weighted average of provider hourly wages in 2019 ‑20 largely reflects the inclusion of locally negotiated provider wage and benefit increases not captured in January estimates.
https://lao.ca.gov/Publications/Report/4253

Income Tax Withholding Tracker: June 1-June 5 [EconTax Blog]

Jun 5, 2020 - Income Tax Withholding Tracker: June 1-June 5 [EconTax Blog] Income Tax Withholding Tracker: June 1-June 5 June 5, 2020 Brian Uhler Bottom Line:   Total income tax withholding since March 23 is down about 4 percent compared to last year, and this week ’s collections were very close to the comparable week in 2019 .
https://lao.ca.gov/LAOEconTax/Article/Detail/477

Overview of Initiative Measure to Change Tax Assessment of Commercial Property [Publication Details]

Jun 4, 2020 - Overview of Initiative Measure to Change Tax Assessment of Commercial Property [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/4248

The 2020-21 May Revision: CalWORKs Caseload-Driven Costs in the 2020-21 May Revision

Jun 2, 2020 - In contrast, counties and other stakeholders have responded that many of these cases will come from industries (such as the hospitality sector) which may be particularly slow to recover from the curr ent recession, and these individuals will require intensive support to find employment in a new field.
https://lao.ca.gov/Publications/Report/4249

Income Tax Withholding Tracker: May 25-May 29 [EconTax Blog]

May 29, 2020 - Income Tax Withholding Tracker: May 25-May 29 [EconTax Blog] Income Tax Withholding Tracker: May 25-May 29 May 29, 2020 Brian Uhler Bottom Line: Total income tax withholding since March 23 is down about 4 percent compared to last year, although this week ’s collections were above the comparable week in 2019 .
https://lao.ca.gov/LAOEconTax/Article/Detail/474