Fixing Unemployment Insurance

Dec 2, 2024 - While the state could pursue a more cautious approach, one in which the Unemployment Insurance (UI) program avoids federal loans entirely, doing so would require the state to institute even higher employer payroll taxes.
https://lao.ca.gov/Publications/Report/4943

The 2022-23 Budget: Federal Tax Conformity for Federal Business Assistance

Jan 26, 2022 - The SVOG program was created in December 2020 to make grants to eligible theatres, performing arts organizations, and many other cultural institutions such as museums, zoos, and aquariums. COVID‑19 public health restrictions required many theatres and cultural institutions to close for extended periods during the pandemic.
https://lao.ca.gov/Publications/Report/4501

Effect of Returning to Historical Estimated Tax Payment Schedule

Feb 27, 2023 - In fact, tax filers typically pay less than half of their tax liability in the first half of the year, despite the schedule changes instituted in 2008 and 2009. (While there are penalties for underpaying estimated taxes, taxpayers with uneven income timing can avoid or minimize penalties if they make full estimated payments when they earn the income.)
https://lao.ca.gov/Publications/Report/4722

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - “Gender Wage Gap Widens Even As Low-Wage Workers See Strong Gains. ” Working Economics Blog, Economic Policy Institute. Wiltshire, Justin, Carl McPherson, and Michael Reich (2023). “Minimum Wage Effects and Monopsony Explanations. ” Washington Center for Equitable Growth Working Paper Series.
https://lao.ca.gov/Publications/Report/4878/3

The 2022-23 Budget: Governor’s Office of Business and Economic Development Proposals

Feb 11, 2022 - This is particularly concerning because GO ‑Biz has no institutional experience implementing a program like this. There are several practical considerations that would need to be addressed and it may be very difficult or costly to do so.
https://lao.ca.gov/Publications/Report/4529