Income Tax Withholding Tracker: November 16 - November 20 [EconTax Blog]

Nov 20, 2020 - Income Tax Withholding Tracker: November 16 - November 20 [EconTax Blog] Income Tax Withholding Tracker: November 16 - November 20 November 20, 2020 Brian Uhler Bottom Line:   California income tax withholding collections this week were 1 percent above the comparable week in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/584

Income Tax Withholding Tracker: November 9 - November 13 [EconTax Blog]

Nov 13, 2020 - Income Tax Withholding Tracker: November 9 - November 13 [EconTax Blog] Income Tax Withholding Tracker: November 9 - November 13 November 13, 2020 Brian Uhler Bottom Line:   California income tax withholding collections this week were 10 percent above the comparable week in 2019, boosting total withholding since late March to 3.6 percent above the same period last year.
https://lao.ca.gov/LAOEconTax/Article/Detail/579

Income Tax Withholding Tracker: November 2 - November 6 [EconTax Blog]

Nov 6, 2020 - Income Tax Withholding Tracker: November 2 - November 6 [EconTax Blog] Income Tax Withholding Tracker: November 2 - November 6 November 6, 2020 Brian Uhler Bottom Line:   California income tax withholding collections this week were 6 percent above the comparable week in 2019, boosting total withholding since late March to 3.5 percent above the same period last year.
https://lao.ca.gov/LAOEconTax/Article/Detail/576

Income Tax Withholding Tracker: October 26 - October 30 [EconTax Blog]

Nov 2, 2020 - Income Tax Withholding Tracker: October 26 - October 30 [EconTax Blog] Income Tax Withholding Tracker: October 26 - October 30 November 2, 2020 Brian Uhler Bottom Line: California income tax withholding collections this week were 1 percent below the comparable week in 2019, and total withholding since late March stands at 3.4 percent above the same period last year.
https://lao.ca.gov/LAOEconTax/Article/Detail/572

The 2024-25 Budget: Cap-and-Trade Expenditure Plan

Feb 20, 2024 - The  Legislature has flexibility around how it is able to direct GGRF revenues because the program was authorized in a way that is akin to a tax, meaning the funds can legally be used for broad purposes.
https://lao.ca.gov/Publications/Report/4847

Income Tax Withholding Tracker: October 19 - October 23 [EconTax Blog]

Oct 23, 2020 - Income Tax Withholding Tracker: October 19 - October 23 [EconTax Blog] Income Tax Withholding Tracker: October 19 - October 23 October 23, 2020 Brian Uhler Bottom Line:   Thanks to a huge day on Wednesday, California income tax withholding collections this week were 27 percent above the comparable week in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/570

State Funding Actions Related to COVID-19

Apr 20, 2020 - . $100.0 Travel trailers and hotel and motel beds for immediate homeless housing. 50.0 Funding to counties for increased administrative costs in CalFresh. $24.3 Funding to counties for increased administrative costs in Medi ‑Cal. 12.7 Funding to counties for increased administrative workload for CalWORKs. 8.0 Reimbursement to
https://lao.ca.gov/Publications/Report/4223

Updated 2022-23 "Big Three" Revenue Outlook [EconTax Blog]

Aug 1, 2022 - Consistent with this, our updated estimates suggest collections from the state ’s “big three ” taxes —personal income, sales, and corporation taxes —are likely  to fall below the Governor 's Budget assumption of $200  billion.
https://lao.ca.gov/LAOEconTax/article/Detail/744

Updated 2022-23 "Big Three" Revenue Outlook [EconTax Blog]

Aug 1, 2022 - Consistent with this, our updated estimates suggest collections from the state ’s “big three ” taxes —personal income, sales, and corporation taxes —are likely  to fall below the Governor 's Budget assumption of $200  billion.
https://lao.ca.gov/LAOEconTax/Article/Detail/744

Cannabis Tax Revenue Update [EconTax Blog]

Aug 23, 2021 - 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/687