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Tax and Revenue Policy Glossary

What’s the difference between income and wealth? Taxes for individuals and corporations in California? Tax credits and deductions? Understanding these key terms is critical to navigating the state budget and its intersection with California’s tax and revenue system to generate ongoing resources and provide quality education, affordable health care, child care, housing, and other services …

Taxes & Revenue

Implementing Guaranteed Income Through Cash and a Strong Safety Net

A California where all individuals – regardless of zip code, race, gender, immigration status, or education status – have the resources to provide for their needs through unrestricted cash payments as well as unconditional, easily accessible support through the safety net. That is the vision of Guaranteed Income, also sometimes called basic income or guaranteed …

Health & Safety Net

Poverty & Inequality

Investment in Communities Requires a Close Look at California’s Tax and Revenue System

Californians deserve to have quality education and affordable health care, child care, and housing. To support such services, California’s tax and revenue system needs to generate adequate ongoing resources. Policymakers must regularly examine the state’s revenue system and revise it as needed to fairly raise enough revenue to support services and investments that help Californians …

Taxes & Revenue

First Look: Understanding the Governor’s Proposed 2022-23 State Budget

Governor’s proposals respond to one-time and some ongoing needs, open door to additional urgent and ongoing investments.

California Budget

Education

K-12 schools, community colleges, CSUs, and UCs are essential for students’ success inside and outside the classroom. By ensuring that children and youth have access to quality public education, California can expand economic opportunities for its people and secure the state’s position as an economic leader.

Caring for Californians & Extending COVID-19 Supplemental Paid Sick Leave

Workers need paid time off during a pandemic.

Poverty & Inequality

The Budget Center’s First Look: Analysis of 2021-22 May Revision

This report outlines key pieces of the 2021-22 budget proposal, with consideration for how the plan supports — or does not meet the needs of — Californians with low incomes, as well as women, Black Californians, Latinx Californians, American Indians, Pacific Islander Californians, Asian Californians, and other Californians of color.

California Budget

2021-22 Budget, State Revenues & the Ongoing Needs of Californians

Policymakers are preparing to make decisions on the 2021-22 state budget — and just as there are signs the pandemic is starting to ease in California. Still, data and experience show the economic and health effects of the recession will linger on for Californians, especially people in low-wage jobs, families in low-income households, and Californians of color. How can policymakers address the challenges and barriers for Californians now and meet their ongoing needs, look beyond this budget year to equitably allocate the state’s resources, and confront the widening wealth and income inequality in our state?

California Budget