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Revenue and Taxes

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...

The governor’s tax plan is not perfect. But if all the elements are taken together, it would take a step toward making Louisiana’s broken tax system more fair and adequate.

REPORT: Blueprint for a Stronger Louisiana

Posted on February 22, 2017
It's time to trade the never-ending cycle of budget shortfalls for long-term stability that allows for new investments in Louisiana’s communities. #InvestInLA

Eliminate the state tax deduction

Posted on June 19, 2016

By Jan Moller

With only a few days left before its June 23 adjournment, Louisiana’s Legislature seems unlikely to raise all the revenue needed to avoid deep cuts to education, healthcare and other critical services. But there is still time to pass a much-needed reform to our income tax system by repealing the ability to deduct state income taxes on state tax returns.… Read more...

The federal deduction needs reform

Posted on February 22, 2016
Louisiana policymakers have a rare opportunity to reform an unproductive tax break that costs the state nearly $1 billion per year: the deduction for federal income taxes.
Louisiana’s legislators took modest steps to address the state’s structural deficit this session, but missed several opportunities to fix the bigger problems—the widespread poverty, poor health access and low education attainment that keeps too many hard-working Louisianans from reaching their full potential.

A stronger EITC helps families

Posted on June 1, 2015

The Louisiana Legislature has a chance this week to help more than 500,000 working families across the state by strengthening the Earned Income Tax Credit (EITC). House Bill 70 by Speaker Pro Tem Walt Leger III would double the state credit to 7 percent of the federal EITC, from the current level of 3.5 percent. … Read more...

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