How High? Adjusting California’s Cannabis Taxes

Dec 17, 2019 - Miller, Keaton and Boyoung Seo (2019). “Tax Revenues When Substances Substitute: Marijuana, Alcohol, and Tobacco. ” Mimeo, University of Oregon. National Academies of Sciences, Engineering, and Medicine (2017).
https://lao.ca.gov/Publications/Report/4125

The 2018-19 May Revision: LAO Economic Outlook

May 12, 2018 - Figure 1 Comparing Recent California Economic Scenarios Percent Change Unless Indicated Target federal funds rate (percent) 1.6 S &P 500 (annual average) 2,612 73 61 a An economic growth scenario based on Moody ’s Analytics ’ April 2018 U.S.
https://lao.ca.gov/Publications/Report/3829

The 2018-19 May Revision: LAO Revenue Outlook

May 12, 2018 - Our revenue outlook is based on a consensus national economic forecast compiled by Moody ’s Analytics. As such, our revenue estimates are premised on two key assumptions: the continuation of the current economic expansion through 2022, and a moderate stock market decline in 2019 followed by a gradual rebound.
https://lao.ca.gov/Publications/Report/3830