Income Tax Withholding Tracker: July 6-July 10 [EconTax Blog]

Jul 10, 2020 - Income Tax Withholding Tracker: July 6-July 10 [EconTax Blog] Income Tax Withholding Tracker: July 6-July 10 July 10, 2020 Brian Uhler Bottom Line:   California income tax withholding was surprisingly high this week and is now within 2 percent of the comparable period in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/494

Income Tax Withholding Tracker: June 29-July 3 (UPDATED) [EconTax Blog]

Jul 6, 2020 - Income Tax Withholding Tracker: June 29-July 3 (UPDATED) [EconTax Blog] This post is updated to include withholding data from Friday July 3rd.     Bottom Line:   California income tax withholding continues to run about 3 percent below the comparable week in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/490

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

Jun 26, 2020 - Income Tax Withholding Tracker: June 22-June 26 [EconTax Blog] Income Tax Withholding Tracker: June 22-June 26 June 26, 2020 Brian Uhler Bottom Line:   California income tax withholding appears to have settled in at a level about 3 percent below the same period in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/488

Income Tax Withholding Tracker: June 15-June 19 [EconTax Blog]

Jun 19, 2020 - Income Tax Withholding Tracker: June 15-June 19 [EconTax Blog] Income Tax Withholding Tracker: June 15-June 19 June 19, 2020 Brian Uhler Bottom Line:   California income tax withholding appears to have stabilized, with aggregate collections over the past five weeks almost exactly matching the comparable weeks in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/483

Income Tax Withholding Tracker: June 8-June 12 [EconTax Blog]

Jun 12, 2020 - Income Tax Withholding Tracker: June 8-June 12 [EconTax Blog] Income Tax Withholding Tracker: June 8-June 12 June 12, 2020 Brian Uhler Bottom Line:   There has been a notable improvement in income tax withholding recently, with collections in each of the last three weeks coming in ahead of the comparable weeks in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/479

Affordable housing bonds. [Ballot]

Jan 3, 2022 - Communiti es pay for the cost of construction and borrowing through higher taxes, fares, and other charges that help service the debts. Property Taxes. The California Constitution limits property taxes to 1  percent of the value of property.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-040

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - Taxes Business Tax Reductions Lifts Temporary Limits on Business Tax Provisions. The Governor ’s budget proposes to end, one year early, temporary limits on the ability of businesses to use NOL deductions and tax credits to reduce their tax payments.
https://lao.ca.gov/Publications/Report/4492

The 2023-24 California Spending Plan: Judiciary and Criminal Justice

Oct 16, 2023 - Excess Property Tax Offset. The budget includes a $247.6  million one-time reduction in General Fund support for trial court operations in 2023-24 in order to reflect the availability of property tax revenue in accordance with Control Section 15.45 and Section 2578 of the Education Code.
https://lao.ca.gov/Publications/Report/4805

Income Tax Withholding Tracker: June 1-June 5 [EconTax Blog]

Jun 5, 2020 - Income Tax Withholding Tracker: June 1-June 5 [EconTax Blog] Income Tax Withholding Tracker: June 1-June 5 June 5, 2020 Brian Uhler Bottom Line:   Total income tax withholding since March 23 is down about 4 percent compared to last year, and this week ’s collections were very close to the comparable week in 2019 .
https://lao.ca.gov/LAOEconTax/Article/Detail/477

A student’s right to a high-quality public education. [Ballot]

Dec 16, 2022 - About three-quarters of the total funding for K-12 education comes from an allotment of state General Fund and local property tax revenue that the Constitution requires to be set a side for public schools and community colleges.
https://lao.ca.gov/BallotAnalysis/Initiative/2022-007