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

Aug 21, 2020 - Income Tax Withholding Tracker: August 17 - August 21 [EconTax Blog] Income Tax Withholding Tracker: August 17 - August 21 August 21, 2020 Brian Uhler Bottom Line:   California income tax withholding was about even with the same week in 2019, and total collections since late March likewise are about even with the comparable period in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/527

Income Tax Withholding Tracker: August 10-August 14 [EconTax Blog]

Aug 14, 2020 - Income Tax Withholding Tracker: August 10-August 14 [EconTax Blog] Income Tax Withholding Tracker: August 10-August 14 August 14, 2020 Brian Uhler Bottom Line:   California income tax withholding surged this week, pushing total collections since late March to within 0.9 percent of the comparable period in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/522

How Uncertain Are Capital Gains Revenue Estimates? [EconTax Blog]

May 12, 2019 - May 20, 2019 Justin Garosi Revenue from taxation of capital gains is a major component of state personal income tax collections, making up 16 percent of total projected personal income tax revenues for 2018-19.
https://lao.ca.gov/LAOEconTax/Article/Detail/371

LAO May Outlook: Home Prices [EconTax Blog]

May 12, 2019 - Home price growth is an important driver of growth in local property tax collections. Prices also can affect revenues from major state taxes, particularly the personal income tax and sales tax. In general, higher home prices mean more tax revenues for state and local governments.
https://lao.ca.gov/LAOEconTax/Article/Detail/369

The 2019-20 Budget: Using Proposition 56 Funding in Medi-Cal to Improve Access to Quality Care

Feb 22, 2019 - These concerns led to Proposition   56 —which raises state taxes on tobacco products and dedicates the majority of associated revenues to Medi ‑Cal on an ongoing basis —being put on the statewide ballot in November 2016.
https://lao.ca.gov/Publications/Report/3949

The 2019-20 May Revision: Sales Tax Exemptions for Diapers and Menstrual Products [Publication Details]

May 12, 2019 - The 2019-20 May Revision: Sales Tax Exemptions for Diapers and Menstrual Products [Publication Details] The 2019-20 May Revision: Sales Tax Exemptions for Diapers and Menstrual Products Format: HTML Description: In the May Revision, the Governor has proposed two new sales tax exemptions that would go into effect on January 1, 2020 and expire on December 31, 2021: one for menstrual products and another for children’s diapers.
https://lao.ca.gov/Publications/Detail/4040

Income Tax Withholding Tracker: August 3-August 9 [EconTax Blog]

Aug 7, 2020 - Income Tax Withholding Tracker: August 3-August 9 [EconTax Blog] Income Tax Withholding Tracker: August 3-August 9 August 7, 2020 Brian Uhler Bottom Line:   California income tax withholding surged this week, pushing total collections since late March to within 0.9 percent of the comparable period in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/514

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

Jul 31, 2020 - Income Tax Withholding Tracker: July 27-July 31 [EconTax Blog] Income Tax Withholding Tracker: July 27-July 31 July 31, 2020 Brian Uhler Bottom Line:   California income tax withholding slumped this week, but total collections since late March are still just 2.2 percent below the comparable period in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/509

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

The 2021-22 Spending Plan: Child Care and Preschool

Dec 17, 2021 - The 2021-22 budget package also provides $130  million Proposition  98 General Fund to increase State Preschool slots for school districts and county offices of education. Increases Rates for Child Care and Preschool Programs .
https://lao.ca.gov/Publications/Report/4485