Cultivation, possession, and sale of marijuana. Version 7 [Ballot]

Feb 5, 2016 - In addition, the state could also receive revenue fr om excise taxes, if such taxes were enacted by the Legislature. However, since the measure prohibits sales and use taxes on medical marijuana products, these revenues would be partially offset by the loss of sales tax currently collected on medical marijuana sales.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-120

Cultivation, possession, and sale of marijuana. Version 6 [Ballot]

Feb 5, 2016 - In addition, the state could also receive revenue fr om excise taxes, if such taxes were enacted by the Legislature. However, since the measure prohibits sales and use taxes on medical marijuana products, these revenues would be partially offset by the loss of sales tax currently collected on medical marijuana sales.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-119

A proposed statutory initiative related to the cultivation, use, possession, and sale of marijuana (Amendment #2). [Ballot]

Oct 15, 2015 - Under the measure, these taxes would increase annually beginning on January  1, 2020 by the rate of inflation. The measure states that the Legislature could (1) reduce the above tax rates with a majority vote or (2)  increase the above tax rates, or impose additional taxes on marijuana, with a two-thirds vote.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-052

Building Reserves to Prepare for a Recession

Mar 7, 2018 - Personal Income Tax Is Dominant State Revenue Source. The personal income tax (PIT) is the state ’s tax on most sources of individual income, including: salaries and wages, proprietor and partnership income, capital gains, dividends and interest, and retirement distributions.
https://lao.ca.gov/Publications/Report/3769

The cultivation, use, possession, and sale of marijuana (Amendment No 1). [Ballot]

Nov 24, 2015 - The measure establishes three types of taxes on the commercial production and sale of marijuana: Cultivation Tax. The measure imposes a cultivation tax of $2 per square foot of plant canopy on marijuana grown for medical or recreational use.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-075

California "Big Three" tax revenues $465 million above projections for September

Oct 16, 2014 - California 's "Big Three " taxes —the personal income tax (PIT), the sales and use  tax (sales tax, or SUT), and the corporate income tax (also known as the corporation tax, or CT) —currently generate over 96 percent of the annual revenues of the General Fund, the state government 's main operating account.
https://lao.ca.gov/Recommendations/Details/814

Data on Real Income Growth Trends by Percentile, 1990-2014 [EconTax Blog]

Sep 6, 2016 - Follow @LAOEconTax on Twitter for regular California economy and tax updates. Below is the state Franchise Tax Board data on adjusted gross income per resident tax return, showing how virtually all real growth over the last two decades occurred in the top quintile of returns.
https://lao.ca.gov/LAOEconTax/Article/Detail/201

Health insurer financial reserves. [Ballot]

Jan 5, 2018 - As part of the MCO tax legislation, the net income from healt h coverage of insurers subject to the MCO tax was made exempt from the corporate income tax. The provisions of the MCO tax legislation, including exemptions from the corporate inco me tax, are set to expire in July 2019.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-048

The 2018-19 Budget: Proposition 98 Outlook

Nov 15, 2017 - The personal income tax accounts for most of the revenue growth, increasing nearly $ 8  b illion (9. 5  p ercent) in 2017 ‑18 and nearly $ 5  b illion (5. 4  p ercent) in 2018 ‑19. Revenue from the sales and use tax and the corporate tax also increases, albeit more slowly.
https://lao.ca.gov/Publications/Report/3716

The cultivation, possession, and sale of marijuana. [Ballot]

Dec 7, 2015 - In addition, the state could also receive revenue fr om excise taxes, if such taxes were enacted by the Legislature. However, since the measure prohibits sales and use taxes on medical marijuana products, these revenues would be partially offset by the loss of sales tax currently collected on medical marijuana sales.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-087