The 2025-26 Budget: California's Fiscal Outlook

Nov 20, 2024 - Instead, much of the bounce appears to be tied to special forms of pay for high ‑income workers, such as bonuses and stock  compensation. Booming Stock Market Driving Income Growth. The recent run ‑up in the stock market, which appears tied to optimism surrounding artificial intelligence, is a primary driver of the rapid growth in pay to high ‑income workers.
https://lao.ca.gov/Publications/Report/4939

California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - After growing just 0.3 percent from December to January, registrations are still 5 percent below the average level over the last couple of years. This multi-month slump could be a worrisome sign for California ’s short-term economic trajectory.
https://lao.ca.gov/LAOEconTax/Article/Detail/853

California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - After growing just 0.3 percent from December to January, registrations are still 5 percent below the average level over the last couple of years. This multi-month slump could be a worrisome sign for California ’s short-term economic trajectory.
https://lao.ca.gov/LAOEconTax/article/Detail/853

^[PDF] For example, the Los Angeles court offered an

For example, the Los Angeles court offered an up to $50,000 signing bonus for a new full-time court reporter employee (with a specified amount payable after every six months) that remained employed for two years in Hon.
https://lao.ca.gov/letters/2024/Letter-Umberg-Court-Reporters-030524.pdf

Personal income tax rates for high-income taxpayers. [Ballot]

Oct 20, 2025 - Fiscal Effects Measure Would Bring in Between $5  Billion and $15  Billion Each Year. The amount of money brought in by this measure is hard to predict and will go up and down with the economy. This is because much of the revenue comes from taxing investment income and capital gains.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-016

New tax on the wealth of billionaires. [Ballot]

Dec 11, 2025 - These wealth tax revenues probably would add up to tens of billions of dollars spread over severa l years. Likely ongoing decrease in state income tax revenues of hundreds of millions of dollars or more per year.  
https://lao.ca.gov/BallotAnalysis/Initiative/2025-024

^[PDF] The 2025-26 Budget: California’s Fiscal Outlook

(Income and sales data adjusted for inflation.) -15 -10 -5 5 10 15% Total Pay to Workers -30 -20 -10 10 20 30% Business Owner Income -15 -10 -5 5 10 15% Payroll Jobs -90 -60 -30 30 60 90% Unemployed Workers -21 -14 -7 7 14 21% Taxable Sales Figure 1 Most Economic Metrics Running Below Average L E G I S L A T I V E A N A L Y S T ’
https://lao.ca.gov/reports/2024/4939/2025-26-Fiscal-Outlook-112024.pdf

The 2016-17 Budget: Proposition 98 Education Analysis

Feb 18, 2016 - It offers a similarly sized bonus to dual credential holders to return to special education if they are not currently teaching special education. Certain districts within California offer one –time signing bonuses to all new hires.
https://lao.ca.gov/Publications/Report/3355

The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - Second, the Legislature passed and the Governor signed Chapter  269 (AB  573, Rogers). This law will raise the annual license fee from $265 to $450 on July 1, 2026. It also authorized CDTFA to make further fee adjustments to cover program costs.
https://lao.ca.gov/Publications/Report/5132

California Labor Market Showing Broad Signs of Weakness [EconTax Blog]

Sep 30, 2025 - California Labor Market Showing Broad Signs of Weakness [EconTax Blog] California Labor Market Showing Broad Signs of Weakness September 30, 2025 Chas Alamo Recap: What Does the Main Monthly Jobs Report Tell Us?  
https://lao.ca.gov/LAOEconTax/Article/Detail/839