In the fiscal year of 2025, the budgeted expenditure of the California state government totaled to 228.89 billion U.S. dollars. The expected revenue in that same year was 225.1 billion U.S. dollars.

Graph and download economic data for State Government Tax Collections, Other License Taxes in California (CAOTHLICTAX) from 1942 to 2023 about licenses, tax, CA, government, and USA.

In the fiscal year of 2023, the state of California collected a total of 220.59 billion U.S. dollars in tax revenue, the highest of any state. New York collected the second highest amount of taxes in that year, coming in at 125.19 billion U.S. dollars.

Graph and download economic data for State Government Tax Collections, Individual Income Taxes in California (CAINCTAX) from 1942 to 2023 about individual, tax, CA, government, income, and USA.

Graph and download economic data for State Tax Collections: T09 General Sales and Gross Receipts Taxes for California (QTAXT09QTAXCAT3CANO) from Q1 1994 to Q4 2024 about collection, receipts, tax, gross, CA, sales, and USA.

State Government Tax Collections, Total Taxes in California was 220591306.00000 Thous. of $ in January of 2023, according to the United States Federal Reserve. Historically, State Government Tax Collections, Total Taxes in California reached a record high of 283275754.00000 in January of 2022 and a record low of 335543.00000 in January of 1942. Trading Economics provides the current actual value, an historical data chart and related indicators for State Government Tax Collections, Total Taxes in California - last updated from the United States Federal Reserve on March of 2025.

Per capita values are calculated by dividing the estimated population into total revenues per county, per fiscal year.

Graph and download economic data for State Tax Collections: T41 Corporation Net Income Taxes for California (QTAXT41QTAXCAT3CANO) from Q1 1994 to Q3 2024 about collection, tax, corporate, Net, CA, income, and USA.

Per capita values are calculated by dividing the estimated population into total revenues per city, per fiscal year.

This dataset contains data from California resident tax returns filed with California adjusted gross income and self-assessed tax listed by zip code. This dataset contains data for taxable years 1992 to the most recent tax year available.

This dataset presents the taxable year 2012 actual cost, along with the estimated cost for the subsequent five years, for many of the tax expenditures found in California income tax law. Revenue is reported in millions.

California and Illinois were the leading U.S. states in tax revenues collected from recreational marijuana sales in 2023. Tax revenues from cannabis sale reached over one billion U.S. dollars in the state of California, while the figure for Illinois was around 552 million dollars.

In the fiscal year of 2022, the expenditure of the California state and local government totaled to about 691.6 billion U.S. dollars. This is compared to state and local government revenues, which amounted to 739.31 billion U.S. dollars.

In 2021, Apple was the largest publicly traded company in California based on revenue. That year, they had a revenue of 365.82 billion U.S. dollars. Alphabet, Chevron, Wells Fargo and Meta rounded out the top five publicly traded companies in California.

Apple

Apple is a multinational company headquartered in California. It was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Known for their popular iPhones and Mac computers, they have further expanded into other products such as iPods, Apple Watch, Apple TV, Air Pods, and Apple Pay. It is now one of the world’s largest and most valuable companies. Their worldwide revenue has increased dramatically since 2004, with the largest share of their sales since 2012 coming from the Americas. Despite being one of the most successful technology companies, it has faced a lot of criticism from consumers. Some of the criticisms include tax avoidance, sweatshop use, and environmental destruction.

Fortune 500 Companies

In 2021, New York and California had the highest number of Fortune 500 companies, followed by Texas, Illinois, and Ohio. For New York, this can be attributed to its being the financial and cultural hub of the country. Fortune 500 Companies are ranked by Fortune magazine, which ranks the the top 500 companies in the United States based on revenue. Companies on this list are both publicly and privately held. The companies that get listed have changed over the years, for a variety of reasons such as company acquisitions, bankruptcies, and changes in the economy.

This dataset contains adjusted gross income class tax statistics for California personal income tax return data by county.

Graph and download economic data for State Tax Collections: T40 Individual Income Taxes for California (QTAXT40QTAXCAT3CANO) from Q1 1994 to Q4 2024 about individual, collection, tax, Net, CA, income, and USA.

Tax rate area boundaries and related data based on changes filed with the Board of Equalization per Government Code 54900 for the specified assessment roll year. The data included in this map is maintained by the California State Board of Equalization and may differ slightly from the data published by other agencies. BOE_TRA layer = tax rate area boundaries and the assigned TRA number for the specified assessment roll year; BOE_Changes layer = boundary changes filed with the Board of Equalization for the specified assessment roll year; Data Table (C##_YYYY) = tax rate area numbers and related districts for the specified assessment roll year

Canada CA: Revenue and Grants: Revenue: Tax Revenue: % of GDP data was reported at 14.008 % in 2024. This records an increase from the previous number of 12.826 % for 2023. Canada CA: Revenue and Grants: Revenue: Tax Revenue: % of GDP data is updated yearly, averaging 13.293 % from Mar 1991 (Median) to 2024, with 34 observations. The data reached an all-time high of 14.858 % in 2001 and a record low of 11.624 % in 2014. Canada CA: Revenue and Grants: Revenue: Tax Revenue: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Government Revenue, Expenditure and Finance. Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.;International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;

State Government Tax Collections, General Sales and Gross Receipts Taxes in California was 53565932.00000 Thous. of $ in January of 2023, according to the United States Federal Reserve. Historically, State Government Tax Collections, General Sales and Gross Receipts Taxes in California reached a record high of 53565932.00000 in January of 2023 and a record low of 134321.00000 in January of 1942. Trading Economics provides the current actual value, an historical data chart and related indicators for State Government Tax Collections, General Sales and Gross Receipts Taxes in California - last updated from the United States Federal Reserve on March of 2025.

The dataset contains statistics for high income resident tax returns by income level and average tax rate.