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


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California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - We then follow the steps described in Bollinger et al. (2019) and Machado and Mata (2005) to produce unconditional percentile estimates. The figures display the median value of the estimates across the various specifications.
https://lao.ca.gov/Publications/Report/4878/4

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - This is slightly below an estimate by Blau et al. (2023) for the U.S. over the last 40 years and substantially higher than an estimate by Clemens et al. (2019) for the U.S. over the period from 2013 to 2016.
https://lao.ca.gov/Publications/Report/4878/3

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

Feb 28, 2023 - At the same time, research on other types of public spending —such as K ‑12 education and workforce development —suggests comparable or better earnings benefits for workers (Heinrich et al. [2013], Jackson [2015], and Hollenbeck [2017]).
https://lao.ca.gov/Publications/Report/4713

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - In addition to existing program criteria, an applicant would need to meet one of the following criteria to qualify for a grant: Establish at least 500 n et new jobs. Make a significant infrastructure investment, as defined by the director of GO ‑Biz.
https://lao.ca.gov/Publications/Report/4327

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