How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/article/Detail/852

The Effects of Minimum Wages on Employment [EconTax Blog]

Dec 15, 2016 - The Effects of Minimum Wages on Employment [EconTax Blog] The Effects of Minimum Wages on Employment December 15, 2016 Seth Kerstein New Minimum Wage Law. As described in our recent blog series , a law passed in 2016 specifies a sequence of increases in California’s statewide minimum wage.
https://lao.ca.gov/LAOEconTax/Article/Detail/225

California's New Minimum Wage: An Introduction to the Series [EconTax Blog]

Dec 6, 2016 - Minimum Wage Blog Posts. The rest of the series consists of four blog posts presenting data and observations related to California ’s new minimum wage law. The first post highlights the parts of the state that will have minimum wages higher than the statewide minimum wage in 2017.
https://lao.ca.gov/LAOEconTax/Article/Detail/220

California's New Minimum Wage: Who are California's Low-Wage Workers? [EconTax Blog]

Dec 6, 2016 - [EconTax Blog] California 's New Minimum Wage: Who are California 's Low-Wage Workers? December 6, 2016 Seth Kerstein Low-Wage Workers. We estimate that 30 percent of California workers —roughly five million people —make less than $12.50 per hour currently.
https://lao.ca.gov/LAOEconTax/Article/Detail/223

California's New Minimum Wage: Low-Wage Workers' Family Sizes & Incomes [EconTax Blog]

Dec 6, 2016 - California's New Minimum Wage: Low-Wage Workers' Family Sizes & Incomes [EconTax Blog] California 's New Minimum Wage: Low-Wage Workers ' Family Sizes & Incomes December 6, 2016 Seth Kerstein Low-Wage Workers.
https://lao.ca.gov/LAOEconTax/Article/Detail/224

The 2026-27 Budget: How to Use One-Time Revenue Improvements [EconTax Blog]

Feb 20, 2026 - The 2026-27 Budget: How to Use One-Time Revenue Improvements [EconTax Blog] 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/LAOEconTax/Article/Detail/850

California New Car Registrations: February 2026 [EconTax Blog]

Apr 7, 2026 - California New Car Registrations: February 2026 [EconTax Blog] California New Car Registrations: February 2026 April 7, 2026 Seth Kerstein As discussed in an earlier post , new car purchases can be a useful, timely economic indicator.
https://lao.ca.gov/LAOEconTax/Article/Detail/855

California New Car Registrations: February 2026 [EconTax Blog]

Apr 7, 2026 - California New Car Registrations: February 2026 [EconTax Blog] California New Car Registrations: February 2026 April 7, 2026 Seth Kerstein As discussed in an earlier post , new car purchases can be a useful, timely economic indicator.
https://lao.ca.gov/LAOEconTax/article/Detail/855

Firearms and Ammunition Revenue Update (2025 Q4) [EconTax Blog]

Feb 18, 2026 - Firearms and Ammunition Revenue Update (2025 Q4) [EconTax Blog] Firearms and Ammunition Revenue Update (2025 Q4) February 18, 2026 Seth Kerstein Beginning July 2024, Chapter 231 of 2023 (AB 28, Gabriel) imposed an 11 percent excise tax on retail sales of firearms, firearm precursor parts, and ammunition, with some exemptions.
https://lao.ca.gov/LAOEconTax/article/Detail/849