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Less Than 2% of State Tax Breaks Go to Californians with Low Incomes

California's refundable tax credits for low-income residents make up a small fraction — less than 2% — of the state's nearly $80 billion of tax breaks, which disproportionately benefit profitable corporations and the wealthy.

Taxes & Revenue

The 2023-24 California State Budget Explained

Policymakers avoided major cuts to critical services in the 2023-24 California state budget, but additional revenues are needed to make meaningful investments for Californians in the future.

California Budget

First Look: Understanding the Governor’s 2023-24 May Revision

Governor Gavin Newsom released the May Revision to his proposed 2023-24 California state budget on May 12, projecting a $31.5 billion shortfall, up from a projected $22.5 billion shortfall in January.

California Budget

Statement on the California Senate’s 2023-24 Budget Plan

SACRAMENTO, CA — Today, the California Senate is taking steps to ensure that the largest and most profitable corporations that benefit from California’s people, resources, and infrastructure pay their fair share. The proposed graduated corporate tax rate improves tax fairness, protects small businesses, strengthens refundable tax credits, addresses homelessness and unaffordable housing costs, and supports …

California Budget

Understanding Homelessness in California & What Can Be Done

Having a place to call home is the most basic foundation for health and well-being no matter one’s age, gender, race, or zip code.

Housing & Homelessness

First Look: Understanding the Governor’s Proposed 2023-24 State Budget

This First Look analysis outlines key pieces of the 2023-24 California budget proposal, and explores how the governor prioritized spending and determined cuts amid the first budget shortfall of his tenure.

California Budget

In Good Times and Bad, California’s Black and Latinx Workers Bear the Burden of Unemployment

California workers of all races, genders, and ages worry about how they will pay for basic needs and support their loved ones if they are laid off from work or struggle to secure a job. And all workers need a job market that provides ample opportunities for stable work with fair pay and work conditions. …

Poverty & Inequality

California Set To Become World’s 4th Largest Economy. Who is Left Out?

California is set to become the world’s 4th largest economy — larger than Germany and the United Kingdom if the state were an independent nation. This strong economy should ensure that every resident has a roof over their head, access to food and clean drinking water, the opportunity to get a higher education, and a …

Poverty & Inequality