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Economy and Taxes (3)
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Results in Economy and Taxes from the past 5 years


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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

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - Importantly, assessing these models ’ reliability can be difficult because there often are major practical barriers to checking the assumptions and predictions against real ‑world outcomes. For example, differentiating a particular policy ’s effect on employment from the variety of other complex factors that drive employment changes is very difficult.
https://lao.ca.gov/Publications/Report/4331

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - California's Unemployment Insurance (UI) program provides wage replacement to unemployed workers. The program has faltered during recent downturns, causing hardship for workers and their families, holding back the state's economic recovery, and spurring frustration among Californians with their government.
https://lao.ca.gov/Publications/Report/4615