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Economy and Taxes (5)
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California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Rate of Low-Wage Work Declines Substantially From Ages 25 to 32. As shown in Figure  3, our estimates suggest that the share of workers in low-wage jobs declines by more than one-third between the ages of 25 and 32.
https://lao.ca.gov/Publications/Report/4878/2

The 2019-20 Budget: California Spending Plan—Conformity

Oct 17, 2019 - The administration estimates this change will increase CT revenue in 2019 ‑20 by $32  million. Ends “Technical Termination ” of Partnerships. The budget package repeals a rule that previously terminated partnerships when more than 50  percent of the partnership was sold or exchanged.
https://lao.ca.gov/Publications/Report/4100

An Update on California’s Cash Management Situation

Aug 31, 2020 - In fact, while the state has not used external borrowing for cash management since 2014, in the 32 years between 1983 and 2014 the state issued at least one RAN in every single year excep t two (1995 and 2000).
https://lao.ca.gov/Publications/Report/4266

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - Over this same period, employer appeals resulted in overturned decisions less often (32  percent of the time) than worker appeals. California ’s employer appeals result in overturned decisions about as often as other states (35  percent).
https://lao.ca.gov/Publications/Report/4615

Common Claims About Proposition 13

Sep 19, 2016 - This share fell to a low of 32  percent in the mid –1980s . Since then, however, the share has risen. In 2015 –16 , homeowners paid about 37  percent of all property taxes. In part, this may be due to faster growth in the number of residential properties than the number of commercial and industrial properties.
https://lao.ca.gov/Publications/Report/3497