California Spends Six Times More on Corporate Tax Breaks than Tax Credits for Low Income Families
Estimated Cost of Tax Expenditures in Fiscal Year 2026-27, in Billions
Bar chart showing the estimated cost of tax expenditures for corporations vs low-income Californians in fiscal year 2026-27. California spends just $1.4 billion on tax credits for low-income corporations while spending over $9 billion on tax breaks for corporations.
