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Revenue and Taxes

By Steve Spires

Later this week, Gov. Bobby Jindal’s administration will lay out its recommendations for filling a $1.6 billion gap between revenues and expenses in next year’s state budget. Early media reports say the budget will call for steep reductions to state services that citizens depend on, such as higher education, health care and roads.… Read more...

Uneven Recovery

Posted on January 26, 2015

By Steve Spires

 

Families have now heard for years that the economy is recovering. Here in Louisiana, an industrial boom along the Mississippi River corridor and in the Lake Charles area is promising tens of thousands of new jobs. But despite the sunny talk, most working families aren’t seeing the results in their paychecks.… Read more...

Taxing the Poor

Posted on January 14, 2015
The "Who Pays?" report shows once again that the poorer you are in Louisiana, the higher your tax rate. This is not only unfair, it also acts as a drag on the overall economy. Luckily, there are steps that policymakers can take to change this imbalance.

Duck Dynasty: By the numbers

Posted on July 2, 2014

By Jan Moller

You may have noticed that Duck Dynasty has been in the news recently, and not just because of the Robertson family’s usual shenanigans. Instead, the debate revolves around the generous subsidies that Louisiana taxpayers are providing for the producers and cast of the hit A&E reality series.… Read more...

LBP reviews the 2014 Legislature

Posted on June 4, 2014
The Louisiana Legislature wrapped up its 2014 regular session without tackling many of the state’s critical challenges, according to a new report by the Louisiana Budget Project. While legislators largely avoided the destructive cuts that have become the norm in recent years, they failed to address the state’s structural budget problems or take advantage of opportunities to help low-income families.

Efforts to modestly raise the minimum wage in Louisiana failed this legislative session — even though the wage isn’t high enough to keep a full-time worker with a child out of poverty. But some opponents of giving the lowest-paid workers a raise have suggested another pro-work, anti-poverty policy as an alternative: increasing the value of the Earned Income Tax Credit (EITC).… Read more...

By David Gray

190,000 people in Louisiana would gain from a stronger EITC

President Obama’s latest budget includes several important improvements to the pro-work Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) that will reduce poverty among low-wage workers and their families, reduce income inequality, strengthen work incentives, and give a boost to Louisiana’s economy — all without adding a dime to the federal budget deficit.… Read more...

Friday, Oct. 4, 2013

Posted on October 4, 2013
Economist: America close to “ungovernable”; Federal aid for pregnant women and children funded through October; 800 Louisiana youth qualify for autism treatment through Medicaid; Teachers begin receiving merit pay based on evaluation scores; Herman Wallace dies a free man 2,000 –The number of federal workers and National Guard troops in Louisiana who are unable to work due to the federal shutdown. (Source: Nola.com)

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