California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - They find that the quantile selection model developed by Arellano and Bonhomme (2017) noticeably outperforms the conventional weighting approach in this context. Accordingly, as described below, our wage percentile estimates are b ased on the Arellano and Bonhomme (2017) approach.
https://lao.ca.gov/Publications/Report/4878/4

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

Feb 28, 2023 - From 2017  to 2021, around $500  million in credits ($275  million from Program  2.0) have been claimed against corporation taxes. Over the same time period, around $300  million in credits were claimed against the sales tax.
https://lao.ca.gov/Publications/Report/4713

The 2022-23 Budget: Fuel Price and Other Fiscal Relief Options

May 12, 2022 - Figure  1 illustrates these trends, displaying the percentage increase in prices for items in the Los  Angeles metro area from January 2017 through March  2022. While prices in general have increased, the price of motor fuels and electricity have grown even more significantly when compared to other items, as highlighted in the figure.
https://lao.ca.gov/Publications/Report/4597

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - Prior to the 2017 federal tax changes, there was no upper limit on the amount of state and local taxes a filer could deduct. New Proposed Federal Rule Excludes Entity ‑Level Taxes From $10,000 Limit.
https://lao.ca.gov/Publications/Report/4327