Fixing Unemployment Insurance

Dec 2, 2024 - In other words, paradoxically, businesses ’ improving reserve balances moved them to lower tax rate rungs within the F+ schedule, which had the effect of lowering state UI tax rates, as shown in Figure  5 .
https://lao.ca.gov/Publications/Report/4943

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - The F-statistic for this pair of regressors in the response equation generally is between 33 and 35, depending on the specification. The full-time median estimates in Figure  6 are the exception: when we limit the sample to full-time workers only, the F-statistic is around 22 to 23.
https://lao.ca.gov/Publications/Report/4878/4

Annual Report on Tax Exemptions for Medicinal Cannabis

Jul 1, 2021 - Chapter   837 o f 2019 (S B  34 , Wiener) established new tax exemptions for donations of medicinal cannabis. The law directs our office to submit an annual report containing dat a on three outcomes related to the exemptions: the number of medicinal cannabis patients served, the amount of medicinal cannabis products donated, and the amount of tax revenue lost.
https://lao.ca.gov/Publications/Report/4447

The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - O ’Brien, Nina F., and Christianne J. Lane. “Effects of economic incentives in the American film industry: An ecological approach. ” Regional Studies 52.6 (2018): 865 ‑875. Owens, Mark F., and Adam D.
https://lao.ca.gov/Publications/Report/4713

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - In 2018, more than 75  p ercent of total income from S corporations and partnerships went to filers with more than $500, 000 o f income. Taxpayers with incomes over $500, 000 m ake up about 2  p ercent of all taxpayers.
https://lao.ca.gov/Publications/Report/4327

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - However, due to the trust fund ’s longstanding poor condition, the highest tax rate schedule —known as the F+  schedule, which carries a 6.2  percent maximum rate —has been in effect every year since 2004.
https://lao.ca.gov/Publications/Report/4615