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

Mar 9, 2026 - Smaller, short-lived corrections occur frequently, among them the 1997 Asian financial crisis, the 2011 U.S. debt celing standoff, the 2015 Chinese growth slowdown, the early pandemic drop in 2020, and the 2025 tariff selloff.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - Smaller, short-lived corrections occur frequently, among them the 1997 Asian financial crisis, the 2011 U.S. debt celing standoff, the 2015 Chinese growth slowdown, the early pandemic drop in 2020, and the 2025 tariff selloff.
https://lao.ca.gov/LAOEconTax/article/Detail/852

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104

Oversight of certain public benefit artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - The measure would have the following major fiscal effects: Increased state costs that would likely be in the tens of millions of dollars annually to establish and operate a new regulatory commission overseeing certain public benefit AI com panies.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

California New Car Registrations: February 2026 [EconTax Blog]

Apr 7, 2026 - For example, registrations in February 2026 were 13 percent lower than in February 2020.  
https://lao.ca.gov/LAOEconTax/Article/Detail/855

California New Car Registrations: February 2026 [EconTax Blog]

Apr 7, 2026 - For example, registrations in February 2026 were 13 percent lower than in February 2020.  
https://lao.ca.gov/LAOEconTax/article/Detail/855

California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - For example, registrations in January 2026 were 15 percent lower than in January 2020.  
https://lao.ca.gov/LAOEconTax/Article/Detail/853

California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - For example, registrations in January 2026 were 15 percent lower than in January 2020.  
https://lao.ca.gov/LAOEconTax/article/Detail/853

California New Car Registrations: November 2025 [EconTax Blog]

Jan 6, 2026 - For example, registrations in November 2025 were 8 percent lower than in November 2019.  
https://lao.ca.gov/LAOEconTax/article/Detail/846

California New Car Registrations: November 2025 [EconTax Blog]

Jan 6, 2026 - For example, registrations in November 2025 were 8 percent lower than in November 2019.  
https://lao.ca.gov/LAOEconTax/Article/Detail/846