(Baton Rouge – April 4, 2012) While most other states exempt working-poor families from the income tax, Louisiana is one of a small number of states that continue to levy an income tax on working families living in poverty. By reducing state income taxes for working-poor families, Louisiana could help these families work their way toward the middle-class, according to an annual report on state income tax trends.
Louisiana is one of only 10 states to tax families of three who are living below the national poverty line and one of only 15 states to tax families of four below the poverty line. The poverty line is $17,922 per year for a family of three and $23,018 per year for a family of four. Louisiana taxes all income above $16,800 for a family of three and $21,300 for a family of four. Click to continue »
