09/17/2019

News

State Business Tax Climate Index

. . . comparing the states on 118 different variables in the five important areas of taxation (major business taxes, individual income taxes, sales taxes, unemployment insurance taxes, and property taxes) . . . while also measuring the general competitiveness of their overall tax systems.

Research & Studies
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Annual State-Local Tax Burden Ranking

. . . estimate of the combined state and local tax burden shouldered by the residents of each of the fifty states.

Research & Studies
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Taxable Sales in California

http://www.boe.ca.gov/news/tsalescont11.htm

Research & Studies
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Proposition 13, Implications for Local Government Finance and the Silicon Valley Economy

. . .describing the history and implications of Proposition 13 in the context of changing economic and fiscal circumstances.

Research & Studies
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Principles and Policy: A Guide to California’s Tax System

. . . provides a comprehensive overview of taxes and tax policy in California.

Research & Studies
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Who Pays Taxes in California?

. . . examines who pays taxes, who doesn’t, and how California’s tax system compares to those of other states.

Research & Studies
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Back on Track? The Social and Economic Context of the Governor’s Proposed 2013-14 Budget

Overview of Governor’s Proposed Budget and key economic trends

Research & Studies
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California’s Enterprise Zone Program: No Bang for the Buck

Cost summary of Enterprise Zone program

Research & Studies
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The Other Government Motors

Tesla’s biggest windfall has been the cash payments it extracts from rival car makers (and their customers), via its sale of zero-emission credits. A number of states including California require that traditional car makers reach certain production quotas of zero-emission vehicles—or to purchase credits if they cannot. Tesla is a main supplier. Take away the credits and Tesla lost $53 million in the first quarter, or $10,000 per car sold. California’s zero-emission credits provided $67.9 million to the company in the first quarter, and the combination of that state’s credits and federal and local incentives can add up to $45,000 per Tesla sold, according to an analysis by the Los Angeles Times. A Morgan Stanley MS +1.40% report in April said Tesla made $40.5 million on credits in 2012, and that it could collect $250 million in 2013. Tesla acknowledged in a recent SEC filing that emissions credit sales hit $85 million in 2013’s first quarter alone—15% of its revenue, and the only reason it made a profit.

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