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Revenue and Taxes

Louisiana’s history of institutionalized racism has created barriers to economic prosperity for many people of color in the state. Black households in Louisiana are poorer, on average, than white households. And because of that, they also pay a higher percentage of their income in state and local taxes than white households.Read more...

BATON ROUGE – A new study released Wednesday by the Institute on Taxation and Economic Policy and the Louisiana Budget Project finds that Louisiana has the 14th most unfair state and local tax system in the country, with the lowest-income Louisianans paying almost two times more in taxes as a percent of their income compared to the state’s wealthiest residents.Read more...

As many as 196 babies in Louisiana a year could be saved from risky low birth weight births and the accompanying health risks, if state lawmakers increase the state’s Earned Income Tax Credit (EITC), according to the findings of a recent study.Read more...

The legacy of slavery, Jim Crow era policies and systemic discrimination have resulted in black Louisianans having, on average, worse economic outcomes than their white counterparts. African Americans are more likely than whites to have household earnings that fall in the bottom 40 percent – or less than $37,000 per year.Read more...

Expanding our state EITC is a common sense way to help Louisiana’s low-paid working families make ends meet as lawmakers pursue a partial renewal of the 2016 sales tax increase.

The Legislature begins another special session this week – the fourth in 18 months under Gov. John Bel Edwards. The only job for legislators is to pass a budget for the 2017-18 fiscal year – a task that eluded them during the 60-day regular session when negotiations between the House and Senate broke down in the final hours.Read more...

A dubious “rural jobs” tax break

Posted on May 22, 2017

The Louisiana Rural Jobs Act Tax Credit Program proposed by House Bill 641 is intended to provide an economic boost to rural areas of the state. Unfortunately, the program would likely benefit a few well-connected financial firms more than Louisiana’s rural communities.Read more...

Louisiana Budget Project executive director, Jan Moller, sent a letter to each member of the House Ways and Means Committee calling for action to raise money to account for both the $440 million fiscal year 2018 shortfall and the fiscal year 2019 cliff of at least $1.4 billion.… Read more...

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