California State Controller John Chiang offers this daily tax tracker to follow personal income taxes, sales and use taxes and corporate taxes -- the three major sources of revenue for the State.

The site will be updated regularly throughout each business day. Preliminary posts use dollar figures from tax administration agencies, while the following day the Controller will post reconciled (actual cash) figures. The latest figures are always available via direct download. Preliminary sales tax figures, along with personal income tax withholdings will be available by 10:30 a.m., followed by total personal income and corporate tax receipts, along with final sales tax numbers between 1:30 and 4:00 p.m. the same business day.

The chart on the right of this screen tracks the cumulative total of income, sales and corporate tax and compares it against estimated benchmarks for the month.

Monday, April 21, 2014

California No. 1 in Personal Income and 12th in Per Capita Terms

California generated $1.8 trillion in total personal income in 2013, easily surpassing the $1.2 trillion of second place Texas. Adjusted for population size, California’s per capita income was $47,400 last year, ranking it 12th highest in the nation.

Per capita income in Texas ranked a distant 25th in the nation, although its cost-of-living is significantly lower than that of California. Per capita income in California is about 106% of the national average, which is virtually identical to that of Washington.

California’s per capita personal income rank largely reflects the presence of higher-paying jobs necessary to support the inherent higher cost of land and housing in many parts of the state.
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