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

May 14, 2018 - The cost of the expansion will depend on various factors, including awareness of the credit, the “take-up ” rate —that is, the share of eligible individuals who file a tax return claiming the credit —for each group, and filers ’ income.
https://lao.ca.gov/Publications/Report/3835

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 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

Fixing Unemployment Insurance

Dec 2, 2024 - While it is reasonable to expect that some workers would make too much money for UI to replace half of their earnings, California ’s benefit levels only meet the federal wage replacement standard for half of the state ’s workers.
https://lao.ca.gov/Publications/Report/4943

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

The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - In the case of the Cannabis Tax Program, we note: The administration has not presented any arguments linking the General Fund ’s share of costs to its share of indirect benefits. This is not part of a broad, systematic effort to allocate costs based on indirect benefits.
https://lao.ca.gov/Publications/Report/5132

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

Effect of Returning to Historical Estimated Tax Payment Schedule

Feb 27, 2023 - (While there are penalties for underpaying estimated taxes, taxpayers with uneven income timing can avoid or minimize penalties if they make full estimated payments when they earn the income.) Figure  2 shows the share of estimated personal income tax liability paid in the first half of the year before and after the timing changes made in 2008 and 2009.
https://lao.ca.gov/Publications/Report/4722

Income Mobility in California Across Generations

Jan 4, 2017 - These include: lower rates of violent crime, better performance on some school metrics, stronger social networks, higher shares of middle–income households, and larger shares of two–parent households.
https://lao.ca.gov/Publications/Report/3518

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - , we assume the following: A single adult without children shares a two-bedroom apartment with another adult. Single parents with one, two, or three children live in one-bedroom, two-bedroom, or three-bedroom apartments, respectively.
https://lao.ca.gov/Publications/Report/4878/4