|

Daily State Taxes

“Pay your taxes with a smile unless, of course, they insist on cash.”*


State tax aficionados (yes, there are some – particularly in the legislature and the governor’s Dept. of Finance) tend to watch the daily inflows of income tax in April which is the big tax month.  Right now, total income tax receipts for the current fiscal year are almost exactly where they were at this time last year.  
Of course, people who owe taxes tend to mail in their returns at the deadline (which is April 17 this year because the 15th is Sunday and there is a holiday in DC which moved the federal deadline to Tuesday).  Even after the 17th, it takes time for the tax clerks to open the envelopes.  So the big surge has yet to come.  However, you can be a daily tax aficionado, too, at:
*Quote attributed to Arthur Godfrey – who will be known only to old timers and who can be seen above and below.
[youtube=http://www.youtube.com/watch?v=3FlVhQTIL1Q&w=320&h=195]

Similar Posts

  • |

    Report: Affordable Public Higher Education is Possible Today

    A report this week from Reclaim California Higher Education (a coalition of faculty and student groups) makes the case that affordable (even free) higher education is within reach for California. The privatization experiment has failed. The harm to a generation of hard-working, high-aiming young people is proven. It’s time to return to what works: the proven Master Plan for higher education in California. California, with its own resources, can afford to restore top-quality, accessible, affordable college and university opportunity to every qualified student. In fact, Californians can afford nothing less. You can read a summary and download the entire report…

  • | |

    Jerry Brown Suggests Master Plan is Dated

    Our previous post covered the Jan. 22 meeting of the Regents’ Committee on Educational Policy.  As noted, there was discussion of the 1960 Master Plan for Higher Education, considered a major accomplishment of Brown’s father when he was governor. Below is a link to Brown’s comments in which he suggested the Plan was now dated.  [youtube http://www.youtube.com/watch?v=3RmjI4gVync?feature=player_detailpage]

  • | | | | | | | | |

    Tradition!

    The Legislative Analyst’s Office (LAO) has issued a report on UC and CSU funding.  LAO is usually viewed as a neutral agency.  But it is a component of the legislature.  So it tends to favor approaches that add to legislative control as opposed to, say, gubernatorial control.  This report is no exception. LAO seems to want to return to what it terms the “traditional” approach to funding, but with bells and whistles added to monitor legislative goals.  The traditional approach seems to be one focused on undergraduate enrollment.  But in fact the tradition – such as it is – has…

  • |

    7 Wasn’t So Lucky

    The cash statement from the California state controller for the first seven months of fiscal year 2013-14 is out.  Revenues are up about 1% from last year at this time.  That gain is not very good.  However, it may be largely due to an aberration last fiscal year when there was a surge of personal income tax revenue in January 2013.  The surge seemed to have something to do with antics back then in Washington over fiscal cliffs, etc., which might have resulted in some tax changes (but didn’t).  The current DC crisis de jour is the debt ceiling, but…

  • | | | | | |

    The Resurrection?

    [More in our Regents coverage.  See earlier posts.]  The Regents spent some time on the old Master Plan for Higher Ed.  There was discussion, according to news reports, among representatives of UC, CSU, and the community colleges on better coordination. …“This report shines an important light on the need to have a central body whose sole focus is guiding the Legislature, governor and our three higher education segments as we plan and build for the future,” (Assembly speaker John Pérez) said. Full story at http://www.latimes.com/local/lanow/la-me-ln-college-reports-20140123,0,5215408.story Um, does no one remember  CPEC, which still exists in ghostly form as a website…