With today being Tax Day — the deadline for filing personal income taxes — it’s a natural opportunity to reflect on what the federal tax bill enacted late last year, the Tax Cuts and Jobs Act (TCJA), means for California. It’s also a chance to highlight the divergent paths pursued by California and by our […]
The return of spring to California brings baseball, fields of golden poppies, and public hearings convened by local officials up and down the state to review and approve county budgets for the upcoming fiscal year, which begins on July 1. America’s pastime and the state wildflower are instantly recognizable. But it’s a good bet that […]
This Fact Sheet explains how county-level budgets work and provides statewide spending and revenue figures for California’s counties.
Senior Policy Analyst Alissa Anderson provided invited testimony for Assembly Budget Subcommittee No. 4 on State Administration as part of a panel that discussed the California Earned Income Tax Credit (CalEITC). This handout includes the charts she presented as well as our updated research summary on how the CalEITC builds on the success of the federal EITC.
This updated research summary discusses how the California Earned Income Tax Credit (CalEITC) builds on and enhances the proven success of the federal EITC. This report points to years of research showing how the federal EITC reduces poverty, encourages work, and produces various positive long-term outcomes for workers and their families.