IRS Data Show Pandemic Uptick in Outmigration Continues [EconTax Blog]

Jul 31, 2024 - Over the last few years, outmigration has been a drag on PIT revenue growth of about 1 percent per year. This is nontrivial when compared to the long-term average growth rate of PIT revenue —7 percent per year.
https://lao.ca.gov/LAOEconTax/article/Detail/809

IRS Data Show Pandemic Uptick in Outmigration Continues [EconTax Blog]

Jul 31, 2024 - Over the last few years, outmigration has been a drag on PIT revenue growth of about 1 percent per year. This is nontrivial when compared to the long-term average growth rate of PIT revenue —7 percent per year.
https://lao.ca.gov/LAOEconTax/Article/Detail/809

How Does Tech Company Equity Pay Affect Income Tax Withholding? [EconTax Blog]

Nov 16, 2023 - Most Personal Income Tax (PIT) Revenue Comes from Paycheck Withholding. The state collects about 70 percent of overall PIT revenue via wage and salary withholding. Other sources include income taxes paid on business income, financial earnings, retirement income, and capital gains.
https://lao.ca.gov/LAOEconTax/article/Detail/789

How Does Tech Company Equity Pay Affect Income Tax Withholding? [EconTax Blog]

Nov 16, 2023 - Most Personal Income Tax (PIT) Revenue Comes from Paycheck Withholding. The state collects about 70 percent of overall PIT revenue via wage and salary withholding. Other sources include income taxes paid on business income, financial earnings, retirement income, and capital gains.
https://lao.ca.gov/LAOEconTax/Article/Detail/789

The 2025-26 Budget: Partial Income Tax Exclusion for Military Retirement Income [EconTax Blog]

Feb 13, 2025 - The personal income tax (PIT) is a broad-based tax that the state levies on most types of income, such as wages, capital gains, and some retirement income. The state ’s income tax ranges from 1  percent to 12.3  percent.
https://lao.ca.gov/LAOEconTax/article/Detail/820

The 2025-26 Budget: Partial Income Tax Exclusion for Military Retirement Income [EconTax Blog]

Feb 13, 2025 - The personal income tax (PIT) is a broad-based tax that the state levies on most types of income, such as wages, capital gains, and some retirement income. The state ’s income tax ranges from 1  percent to 12.3  percent.
https://lao.ca.gov/LAOEconTax/Article/Detail/820

Recent Revenues Coming in Below Governor's Budget Projections [EconTax Blog]

Jan 22, 2024 - The 2024-25 Governor 's budget projects that PIT revenue will grow 12 percent this year, from $101.7 billion in 2022-23 to $113.8 billion in 2023-24. Over the first half of the year, availabe revenue data suggest PIT revenues are growing much slower than 12 percent.
https://lao.ca.gov/LAOEconTax/Article/Detail/795

Recent Revenues Coming in Below Governor's Budget Projections [EconTax Blog]

Jan 22, 2024 - The 2024-25 Governor 's budget projects that PIT revenue will grow 12 percent this year, from $101.7 billion in 2022-23 to $113.8 billion in 2023-24. Over the first half of the year, availabe revenue data suggest PIT revenues are growing much slower than 12 percent.
https://lao.ca.gov/LAOEconTax/article/Detail/795

Refocusing the Workers’ Compensation Subsequent Injury Program [Publication Details]

Jul 10, 2025 - Refocusing the Workers’ Compensation Subsequent Injury Program [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5062

MOU Fiscal Analysis: Bargaining Unit 12 (Craft and Maintenance) [Publication Details]

Jun 27, 2025 - MOU Fiscal Analysis: Bargaining Unit 12 (Craft and Maintenance) [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5060