Income Tax Withholding Tracker: August 17 - August 21 [EconTax Blog]

Aug 21, 2020 - The final graph shows the year over year changes in cumulative withholding for California in 2020, the United States in 2020 (from the federal income tax), and California in 2009 at the trough of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/527

The 2020-21 May Revision: Revenue Proposals in the 2020-21 May Revision

May 20, 2020 - Corporations sometimes earn more credits in a year than they can use and are allowed to carry those credits forward to use in a future year. Under current law, motion picture production tax credits expire after six years.
https://lao.ca.gov/Publications/Report/4238

California Community Colleges Proposition 98 Spending by Program [EdBudget]

Jan 21, 2021 - California Community Colleges Proposition 98 Spending by Program [EdBudget] $423 4.4% a Reflects a proposed cost-of-living increase and enrollment growth as well as nonprogrammatic increases from deferral paydowns. b The 2019-20 budget package also provided $6.7 million in prior year settle-up funds for this purpose.
https://lao.ca.gov/Education/EdBudget/Details/463

Assessing California’s Climate Policies—Agriculture

Dec 15, 2021 - The program funds up to 50  percent of the total project costs, with the maximum grant amount capped at $3  million per project during the initial years of the program and $2  million per project in 2020.
https://lao.ca.gov/Publications/Report/4483

Income Tax Withholding Tracker: July 27-July 31 [EconTax Blog]

Jul 31, 2020 - The final graph shows the year over year changes in cumulative withholding for California in 2020, the United States in 2020 (from the federal income tax), and California in 2009 at the trough of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/509

July 2020 Tax Payments Tracker: July 31 Update [EconTax Blog]

Jul 31, 2020 - As a result, tax payments made in April and June in a typical year have been spread across April to July this year. For this reason, we report on total collections across April to July instead of focusing on only July.
https://lao.ca.gov/LAOEconTax/Article/Detail/511

U.S. Retail Sales: May 2020 [EconTax Blog]

Jun 16, 2020 - At one end of the spectrum, the two hardest-hit types of retailers were clothing stores and restaurants, whose year-over-year sales were down 67 percent and 40 percent respectively. At the other end, the two types of retailers that experienced the strongest growth were nonstore retailers (for example, those that specialize in e-commerce) and grocery stores, whose
https://lao.ca.gov/LAOEconTax/Article/Detail/481

The 2022-23 Budget: Commission on Peace Officer Standards and Training

Jan 31, 2022 - In recent years, greater attention has been placed on the wellness of first responders such as peace officers. The job requirements of a peace officer can be physically, mentally, and emotionally taxing.
https://lao.ca.gov/Publications/Report/4507

Income Tax Withholding Tracker: July 20-July 24 [EconTax Blog]

Jul 24, 2020 - The final graph shows the year over year changes in cumulative withholding for California in 2020, the United States in 2020 (from the federal income tax), and California in 2009 at the trough of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/503

Income Tax Withholding Tracker: June 22-June 26 [EconTax Blog]

Jun 26, 2020 - The second graph compares the year-over-year percent change in withholding (withholding this week relative to the same week in 2019) to the weekly changes  observed from March through June of  2009, when the state was in the depths of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/488