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Economy and Taxes (4)
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Results in Economy and Taxes from the past 5 years


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Updating the California Necessities Index

Aug 14, 2025 - To summarize, in Figure  3 , we provide relative assessments of each option using our criteria, dividing them into “green ” for the best measures on each criterion, “yellow ” for measures where some deficiency is identified, and “red ” for measures we judge to be significantly deficient.
https://lao.ca.gov/Publications/Report/5065

The 2023-24 Budget: Multiyear Budget Outlook

May 23, 2023 - As seen in the figure, while the revenues required to balance the budget (in green) are optimistic, but plausible, in the budget window, they are improbable in the out ‑years. For example, to eliminate the operating deficit in 2024 ‑25, revenues would need to be roughly $30  billion higher than our forecast (in dark purple).
https://lao.ca.gov/Publications/Report/4772

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - For example, the Legislature likely will be presented with “green ” stimulus proposals in the coming months and years that purport to stimulate the economy and also have an environmental benefit. Our office recently released a separate report, A Framework for Evaluating State‑Level Green Stimulus Proposals , to provide guidance for the Legislature on how to evaluate such proposals.
https://lao.ca.gov/Publications/Report/4331

Fixing Unemployment Insurance

Dec 2, 2024 - During the phase ‑in period, the state also entered the dot ‑com recession. These two cost pressures absorbed the remaining flexibility in the state ’s UI tax system. As  shown in Figure  4 , the state began this period in Schedule C but quickly moved to Schedule F+, the highest tax schedule, where it has remained since.
https://lao.ca.gov/Publications/Report/4943