How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/article/Detail/852

Tribal gaming. [Ballot]

Dec 27, 2021 - For exa mple, such tribes would be responsible for reviewing what games or bets can be offered and what rules would apply (such as how payouts for winning wagers are calculated). However, the state would have some limited regulatory authority as well.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-039

Gaming. [Ballot]

Dec 18, 2023 - For exa mple, such tribes would be responsible for reviewing what games or bets can be offered and what rules would apply (such as how payouts for winning wagers are calculated). However, the state would have some limited regulatory authority as well.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-030

Online sports wagering. [Ballot]

Oct 20, 2021 - This tax is applied to the amount a person bets. Additionally, the measure authorizes DOSBC to take va rious enforcement actions, including requiring people making such bets to register with DOSBC, requiring entities illegally offering online sports wagering to disclose the names of people who make wagers with them, and blocking access to illegal sites accepting sports wagers.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-017

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - The 2026-27 Budget: California's Fiscal Outlook Executive Summary Not Safe to Bet Artificial Intelligence ( AI) Fueled Exuberance Is Sustainable. Both the California and U.S. economies currently face significant headwinds.
https://lao.ca.gov/Publications/Report/5091

California gaming activities. [Ballot]

Oct 1, 2021 - This tax is applied to the amount of sports wagers made after deducting any payouts of winnings. The measure also imposes an additional 1 percent assessment —up to $10 million —to support problem gaming programs.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-009

Sports wagering. [Ballot]

Dec 18, 2023 - At minimum, these regulations must limit wagering to (1) bets made by people age of 21 and older; (2) professional or college sporting events that do not include animals other than horses; and (3) amateu r sporting events that do not include children under the age of 18.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-031

An Update on California Competes [EconTax Blog]

Mar 10, 2023 - One potential interpretation is that the state is making high risk-high reward bets on businesses. While many of these bets do not pan out, the ones that do can be successful enough to yield overall benefits for the state.
https://lao.ca.gov/LAOEconTax/Article/Detail/771

Recent Trends in Young Adult Mortality

Dec 10, 2024 - After every fatal crash, law enforcement agencies determine which type of traffic violation was the “primary collision factor ” leading to the crash. As noted above, many factors can contribute to crashes, some of which fit neatly into this framework and some of which do not.
https://lao.ca.gov/Publications/Report/4945