Evaluating Tax Policy Changes in the Governor's Budget [EconTax Blog]

Feb 22, 2024 - Doing so would result in a less equitable tax system and would not offer meaningful administrative efficiencies. We recommend rejecting the proposed change. Approve Elimination of Tax Expenditures for Fossil Fuel Production.
https://lao.ca.gov/LAOEconTax/Article/Detail/797

Evaluating Tax Policy Changes in the Governor's Budget [EconTax Blog]

Feb 22, 2024 - Doing so would result in a less equitable tax system and would not offer meaningful administrative efficiencies. We recommend rejecting the proposed change. Approve Elimination of Tax Expenditures for Fossil Fuel Production.
https://lao.ca.gov/LAOEconTax/article/Detail/797

California State Tax Expenditures Total Around $55 Billion [EconTax Blog]

Feb 18, 2015 - Defining Tax Expenditures What Are Tax Expenditures? The term "tax expenditures " refers to tax exclusions, exemptions, preferential tax rates, credits, and other tax provisions that reduce the amount of revenue collected from the basic tax structure.
https://lao.ca.gov/LAOEconTax/Article/Detail/60

Evaluating Tax Expenditures [EconTax Blog]

Aug 29, 2019 - Evaluating Tax Expenditures [EconTax Blog] Seth Kerstein What Are Tax Expenditures? Tax Provisions Intended to Accomplish A Public Policy Goal. Tax expenditures are provisions of tax law that enable targeted groups to reduce their taxes relative to the “basic ” tax structure.
https://lao.ca.gov/LAOEconTax/Article/Detail/396

^[PDF] Tax Expenditure Evaluation

Tax Expenditure Evaluation Assembly Committee on Revenue and Taxation Hon. Jacqui Irwin, Chair P R E S E N T E D T O : L E G I S L A T I V E A N A L Y S T ’ S O F F I C E Tax Expenditure Evaluation F E B R U A R Y 2 2 , 2 0 2 3 L E G I S L AT I V E A N A LY S T ’ S O F F I C E 1 Tax Expenditure
https://lao.ca.gov/handouts/state_admin/2023/Tax-Expenditure-Evaluation-022223.pdf

The 2020-21 Budget: Expanding the Minimum Franchise Tax Exemption

Mar 23, 2020 - In our 2019 post on evaluating tax expenditures, we explain that periodically reviewing tax expenditures is important because, like direct state expenditures, they have budgetary costs. Such reviews can help policymakers assess whether a tax expenditure is effective and merits continued financial support from the taxpayers.
https://lao.ca.gov/Publications/Report/4207

^[PDF] Summary of 1979-80 "Tax

Summary of 1979-80 "Tax Expenditures" In the 197~ budget, the Department of Finance has identified state tax expenditures totaling $6.6 billion and local tax expenditures (under the sales and property taxes) of $2.7 billion.
https://lao.ca.gov/analysis/1979/01_transmittal_overview_1979.pdf

California's Tax Expenditure Programs Part 1 [Publication Details]

Feb 1, 1999 - California's Tax Expenditure Programs Part 1 [Publication Details] California's Tax Expenditure Programs Part 1 Format: PDF Description: This two-part report on tax expenditure programs (TEPs) is the. fourth in a series of such reports produced by the Legislative Analyst's Office.
https://lao.ca.gov/Publications/Detail/2753

^[PDF] Analysis of the 1987-88 Tax Expenditure Budget

Contents Part One: Overview of the 1987-88 Tax Expenditure Budget A. Introduction. 5 B. What is a Tax Expenditure? . 5 C. Measuring the Costs of Tax Expenditures 6 D. Analysis of the 1987-88 Tax Expenditure Budget. 7 1.
https://lao.ca.gov/reports/1988/00_88_analysis_of_the_1987_88_tax_expenditure_budget.pdf

California's Tax Expenditure Programs: Part 1--Overview

Overview Of Tax Expenditure Programs This part of the report provides an overview of California's tax expenditure programs (TEPs). Specifically, in this part we: Discuss alternative definitions of "tax expenditures," and how the definition used affects the calculation of the overall tax expenditure budget.
https://lao.ca.gov/1999/tax_expenditure_299/tep_299_part_one_overview.html