The 2021-22 Spending Plan: Human Services

Nov 22, 2021 - While the executive order was set to expire on July 30, 2021, the spending plan includes language that permanently maintains the prioritization of directing federal tax offsets to families above the government.
https://lao.ca.gov/Publications/Report/4476/5

Property tax assessment. [Ballot]

Aug 22, 2019 - Calculating a Property Owner ’s Tax Bill.   Each property owner ’s annual property tax bill is equal to the taxable value of his or her property multiplied by the property tax rate. The typical property owner ’s property tax rate is 1.1  percent.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-004

Cannabis Tax Revenue Update [EconTax Blog]

Dec 4, 2019 - Cannabis Tax Revenue Update [EconTax Blog] Seth Kerstein In November 2016, California voters approved Proposition 64 , which legalized the nonmedical use of cannabis. The state levies two excise taxes on cannabis: a retail excise tax and a cultivation tax.
https://lao.ca.gov/LAOEconTax/Article/Detail/417

Proposition 22 [Ballot]

Nov 3, 2020 - They would pay state income taxes on these increased gains. The amount of increased state personal income taxes paid by drivers and stockholders is unknown, but likely minor. Summary of Fiscal Effects This measure would have the following fiscal effect: Minor increase in state income taxes paid by rideshare and delivery company drivers and investors.  
https://lao.ca.gov/BallotAnalysis/Proposition?number=22&year=2020

Disposal and Recycling of Single-Use Plastic Packaging and Foodware. [Ballot]

Dec 26, 2019 - Creates a New Tax on Plastic Packaging and Foodware Creates New Tax Beginning in 2022. This measure creates a new tax on each individual item of single-use plastic packaging and foodware sold in California beginning in 2022.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-028

Property tax assessment. [Ballot]

Aug 22, 2019 - Calculating a Property Owner ’s Tax Bill.   Each property owner ’s annual property tax bill is equal to the taxable value of his or her property multiplied by the property tax rate. The typical property owner ’s property tax rate is 1.1  percent.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-003

Income Tax Withholding Tracker: April 13-April 17 [EconTax Blog]

Apr 17, 2020 - Income Tax Withholding Tracker: April 13-April 17 [EconTax Blog] Income Tax Withholding Tracker: April 13-April 17 April 17, 2020 Justin Garosi Bottom Line: Breaking with the pattern of recent weeks, this week ’s withholding was slightly above the comparable week in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/453

The 2019-20 Budget: California Spending Plan—Conformity

Oct 17, 2019 - This post explains how each of the tax conformity provisions changes the state ’s tax laws. The administration coupled tax conformity with an expansion of the state ’s Earned Income Tax Credit (EITC).
https://lao.ca.gov/Publications/Report/4100

Broad-Based Cash Assistance in COVID-19 Recovery Actions

Apr 3, 2020 - Though some of these Ca lifornians nevertheless file taxes (in many cases to qualify for federal tax credits), an unknown number do not. (The federal deadline to file 2019 tax returns was recently extended to July 15, and anyone filing by that date would appear to be eligible for the assistance.)
https://lao.ca.gov/Publications/Report/4214

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - Sales Tax Exemption for Certain Manufacturers. In 2018, we evaluated the economic effects of a sales tax exemption administered by the California Alternative Energy and Advanced Transportation Financing Authority.
https://lao.ca.gov/Publications/Report/4331