The 2018-19 Budget: The May Revision—State Earned Income Tax Credit Expansion

May 14, 2018 - By increasing the maximum qualifying income, however, the proposal would increase the amount of the credit —by tens of dollars —for those filers with earned incomes that fall near the high end of current qualifying range.
https://lao.ca.gov/Publications/Report/3835

The 2018-19 Budget: California Earned Income Tax Credit Education and Outreach

May 8, 2018 - The 2018-19 Budget: California Earned Income Tax Credit Education and Outreach The 2018-19 Budget California Earned Income Tax Credit Education and Outreach After California adopted a state earned income tax credit (EITC) in 2015, fewer than half the number of individuals claimed the credit than the administration initially projected.
https://lao.ca.gov/Publications/Report/3826

The 2020-21 Spending Plan: Tax Changes

Oct 5, 2020 - Businesses may earn credits if they take actions the state wants to encourage, such as spending money on research and development. Tax credits reduce a business ’s tax bill directly, on a dollar-for-dollar basis.
https://lao.ca.gov/Publications/Report/4270

The 2019-20 Budget: Analysis of Proposed Earned Income Tax Credit Expansion

Mar 6, 2019 - Figure 5 Benefits May Decline as Minimum Wage Rises Full Year Earnings Based on 50 Weeks Minimum Wage a , $/hr Full Year Earnings at Minimum Wage: EITC Benefit:
https://lao.ca.gov/Publications/Report/3960

Income Mobility in California Across Generations

Jan 4, 2017 - While growing up in California results in lower future earnings for low–income children on average , there is a great de al of variation in these outcomes at a local level. Within California, growing up in a particular county can increase or decrease a child’s future annual income by a couple of thousand dollars.
https://lao.ca.gov/Publications/Report/3518

Fixing Unemployment Insurance

Dec 2, 2024 - Employers pay UI taxes on the first $7,000 of each worker ’s earnings, but the vast majority of workers earn more than $7,000  in each job annually. As a result, employers pay the same amount in UI taxes on behalf of basically every employee in the state, regardless of how much that employee earns.
https://lao.ca.gov/Publications/Report/4943

The 2019-20 Budget: California Spending Plan—Conformity

Oct 17, 2019 - The administration estimates that each of these changes will reduce PIT revenue by several hundred thousand dollars. Excludes the Discharge of Student Loan Debt on Account of Death or Disability From Income.
https://lao.ca.gov/Publications/Report/4100

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - For respondents who report usual weekly earnings and hours but not hourly wages, we calculate the hourly wage by dividing usual weekly earnings by weekly hours. We default to using usual weekly hours, but we use last week ’s hours if usual hours are not available.
https://lao.ca.gov/Publications/Report/4878/4

Tax Credit Expansions in the American Rescue Plan

Apr 13, 2021 - This piece will briefly describe the changes to three credits that apply to many lower-income and middle-income filers: the Earned Income Tax Credit (EITC), the Child Tax Credit (CTC), and the Child and Dependent Care Expenses Credit ( “child care credit ”).
https://lao.ca.gov/Publications/Report/4410

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - Overall, most programs increase employment and earnings among participants while receiving a subsidy. However, the ultimate goal is to improve long-term employment prospects of these workers. Research suggests that it is less common that programs lead to h igher employment or earnings after the subsidy ends.
https://lao.ca.gov/Publications/Report/5018