Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - As a result, relying solely on the results of estimated jobs or economic output from these types of studies to evaluate a stimulus proposal likely will lead to a n incomplete assessment. …But Studies Still Can Provide Useful Information.
https://lao.ca.gov/Publications/Report/4331

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

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

Feb 28, 2023 - While all of these studies have limitations, some approaches are more reliable tha n others. In particular, our review focuses on studies that (1)  account for the fact that some productions would have selected the same location even without a tax credit, (2)  consider both direct economic effects (such as wage paid to production workers) and indirect economic effects (such as
https://lao.ca.gov/Publications/Report/4713

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - For example, if a business had committed to hiring 100 n ew employees but only hired 80, the state might recapture 20  p ercent of the tax credits. Latest Round Differed From Prior Periods More Businesses Applied for Credits in 2020.
https://lao.ca.gov/Publications/Report/4327