State Budget & Tax

February 22, 2019

Revenue stalemate undermines reform

Gov. John Bel Edwards’ administration is scheduled to present its 2019-20 executive budget to the Legislature on Friday. It should be a triumphant moment for state policymakers. After a decade of chronic financial instability in state government, Louisiana’s budget is now stable and revenues are growing at a slow, if steady pace.Read more...

November 9, 2018

Louisiana’s regressive tax code is contributing to racial income inequality

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...

November 6, 2018

LBP’s Guide to the 2018 Constitutional Amendments

Click here for a printable PDF version.

Louisiana voters will find six proposed changes to the state constitution on their Nov. 6 statewide ballot. A seventh ballot question is not a constitutional amendment, but asks voters whether fantasy sports contests should be legal in their parish.Read more...

October 17, 2018

Louisiana’s Tax Code is Still Regressive

The wealthiest households in Louisiana continue to pay state and local taxes at a lower rate than those in the middle class and below, according to a new analysis that breaks down the tax rates by income brackets in every state.Read more...