California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Roughly one-quarter have some college education but do not hold a bachelor ’s degree. In contrast, roughly three-quarters of mid-to-high-wage workers attended college, and half hold a bachelor ’s degree.
https://lao.ca.gov/Publications/Report/4878/1

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Although there were variations in the provisions contained in the various agreements, generally, the agreements sought to achieve budgetary savings by (1) essentially holding flat salary costs through Personal Leave Program 2025 and (2) suspending the employer and, in most cases, employee contributions to prefund retiree health benefits for at least two years.
https://lao.ca.gov/Publications/Report/5081

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - The state ’s economic policies should reflect the fact that many workers hold relatively low-wage jobs through middle age and beyond.
https://lao.ca.gov/Publications/Report/4878/2

The 2020-21 Budget: Expanding the Minimum Franchise Tax Exemption

Mar 23, 2020 - Nonetheless, finance and real estate companies often hold significant assets. Figure  3 shows that financial companies own 55  p ercent —nearly $ 18  t rillion in 2017 —of the total assets owned by all LLCs and partnerships.
https://lao.ca.gov/Publications/Report/4207

The 2018-19 May Revision: LAO Revenue Outlook

May 12, 2018 - (Corporations previously avoided paying federal tax on these profits by holding them overseas.) Once this one-time tax is paid, corporations may bring these profits back to the U.S. any time (without paying any additional federal taxes).
https://lao.ca.gov/Publications/Report/3830

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Whether the worker holds multiple jobs. The worker ’s gender. The worker ’s race/ethnicity. Using the Model to Estimate Percentiles. We consider five different specifications of the model for Figures 3 and 7, and four different specifications for Figures 4, 5, and 6.
https://lao.ca.gov/Publications/Report/4878/4

Evaluation of the Property Tax Postponement Program

Oct 8, 2018 - Hold More Wealth. Because older homeowners have owned their homes for longer, the amount of home equity they hold also tends to be higher. (Equity is the difference between the market value of a home and the debts held against the home, such as a mortgage.)
https://lao.ca.gov/Publications/Report/3885

The 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - To better understand the need for state funding, the Legislature will want to request the administration provide additional information on how these sites have been funded and built in the past, as well as why the proposed campus needs state funding, while other training sites have not required state fundi ng.
https://lao.ca.gov/Publications/Report/4540

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - Policies formed under this orientation tend to emphasize holding down business costs. Second, pressure from the federal oversight agency to avoid errors encourages the state to conduct lengthy reviews.
https://lao.ca.gov/Publications/Report/4615

The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - If investors hold on to the investment for multiple years, their tax liability on their deferred capital gains can be reduced. In addition, investors that maintain their investment for at least ten years will not be taxed on any capital gains earned on their Opportunity Zone investment.
https://lao.ca.gov/Publications/Report/4038