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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

A Job Does Not Guarantee Economic Security in California

Californians are working hard every day, supporting their families and contributing to our communities. But simply having a job does not guarantee economic security in California. Many people live in poverty even with a job. Californians need good-paying jobs, economic opportunities, and resources to build a life for themselves and their families to thrive. State …

Poverty & Inequality

How Did Public Supports Lower Poverty in 2021?

All Californians deserve to be able to put food on the table, pay the rent, and meet their basic needs. In short, no Californian should ever live in poverty. Our state should aspire to be a place where no child or adult struggles to afford their basic needs, and there’s proof that it can be …

Poverty & Inequality

The 2022-23 California State Budget Explained

As we begin the 2022-23 fiscal year, state leaders have reached a “nearly final” California state budget agreement, though some details still remain to be finalized and additional budget-related bills will be acted upon in August and beyond. According to legislative summaries, the budget framework includes approximately $235 billion in General Fund spending for 2022-23, …

California Budget

State Leaders Need to Provide Significant Relief. Here’s How.

The 2022-23 state budget is a once-in-a-lifetime opportunity for state leaders to provide significant relief for Californians

California Budget

Understanding the Governor’s 2022-23 May Revision

Amid Unprecedented Increases in Revenues, Governor’s Proposal Steers Off Course in Providing Relief to Californians Struggling to Make Ends M

California Budget

Corporations Pay Far Less of Their California Income in State Taxes than a Generation Ago

Calling California home means sharing in the responsibility of creating strong communities. Yet, corporations are contributing roughly half as much of their California profits in state taxes than four decades ago. In the early 1980s, corporations that reported profits in California paid more than 9.5% of this income in state corporation taxes. In contrast, corporations …

Taxes & Revenue

California Loses Nearly $70 Billion Annually Through Tax Breaks

California will lose an estimated $69.2 billion in state General Fund revenues in 2021-22 to personal and corporate income tax breaks — or “tax expenditures.” Many of the state’s largest tax breaks primarily benefit higher-income households and businesses, while just a fraction of the state’s tax …

Taxes & Revenue