California's Earned Income Tax Credit (EITC) Expansion [EconTax Blog]

Jul 13, 2017 - Expanded Earned Income Tax Credit. This legislation expands the state EITC to families with self-employment income and to include tax filers with incomes up to $22,300. This will increase significantly the number of filers eligible to claim the tax credit.
https://lao.ca.gov/LAOEconTax/Article/Detail/249

July 2017 Update: Los Angeles’ Bid for the Olympics and Paralympics

Jul 6, 2017 - For example, the Governor could specify officials in the Franchise Tax Board and the California Department of Tax and Fee Administration to confer as needed with IOC or LA 2024 officials on any Games-related state tax policy issues that are identified in the future.
https://lao.ca.gov/Publications/Report/3695

Transportation funding, Amendment #1. [Ballot]

Jun 26, 2017 - Tax and Fee Increases. Senate Bill 1 increases two existing excise taxes on gasoline. (The two taxes differ in that one has a fixed rate and the other has a variable rate set annually by the State Board of Equalization to mimic a sales tax on gasoline.)
https://lao.ca.gov/BallotAnalysis/Initiative/2017-004

How Will Aging Baby Boomers Affect Future Property Tax Revenues? [EconTax Blog]

Jun 20, 2017 - How Will Aging Baby Boomers Affect Future Property Tax Revenues? [EconTax Blog] How Will Aging Baby Boomers Affect Future Property Tax Revenues? June 20, 2017 Brian Uhler California 's homeowners are getting older.
https://lao.ca.gov/LAOEconTax/Article/Detail/247

How Will Aging Baby Boomers Affect Future Property Tax Revenues?

Jun 20, 2017 - Turnover Key to Property Tax Growth Under Proposition  13, Property Turnover Drives Property Tax Growth. Proposition  13 was a landmark decision by California ’s voters in 1978 to limit property taxes.
https://lao.ca.gov/Publications/Report/3693

How Will Aging Baby Boomers Affect Future Property Tax Revenues? [Publication Details]

Jun 20, 2017 - How Will Aging Baby Boomers Affect Future Property Tax Revenues? [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/3693

Overview of the 2017 Transportation Funding Package

Jun 8, 2017 - State Fuel Taxes Gasoline Taxes ($2.5   Billion). The state currently has two excise taxes on each gallon of gasoline: a base tax and a variable “swap ” tax. (We note that there is also a federal excise tax of 18.4  cents per gallon.)
https://lao.ca.gov/Publications/Report/3688

April 2017 State Jobs Report [EconTax Blog]

May 31, 2017 - Follow @LAOEconTax on Twitter for regular California economy and tax updates.  
https://lao.ca.gov/LAOEconTax/Article/Detail/243

May 2017 Cap-and-Trade Auction Results [EconTax Blog]

May 24, 2017 - Follow @LAOEconTax on Twitter for regular California economy and tax updates.  
https://lao.ca.gov/LAOEconTax/Article/Detail/242

Proposition 98 Multiyear Forecast Under LAO Revenue Estimates [EdBudget]

May 23, 2017 - Proposition 98 Multiyear Forecast Under LAO Revenue Estimates [EdBudget]     a Outlook reflects LAO estimates of General Fund revenue, local property tax revenue, and other Proposition 98 inputs. Outlook also assumes the state adopts the Governor's proposal to (1) provide $433 million above the guarantee in 2015-16, (2) notwithstand the Test 3 supplement from 2016-17 through
https://lao.ca.gov/Education/EdBudget/Details/31