State Budget & Tax

October 17, 2018

Analysis: Louisiana’s Regressive Tax Structure Disproportionately Affects Low-income Residents

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...

July 3, 2018

Back from the Brink: The 2018 Louisiana Legislative Sessions

Louisiana’s 2018 legislative year began with one overriding objective: to solve a looming“fiscal cliff” caused by $1.4 billion in temporary tax revenue that was expiring on July 1.
June 25, 2018

LBP statement on Legislative tax and budget deal

Sales-tax renewal brings much-needed stability
BATON ROUGE – The Legislature’s agreement on a revenue deal is excellent news for college students and faculty members, prosecutors, and the nearly 900,000 low-income Louisiana residents who rely on the Supplemental Nutrition Assistance Program (SNAP) to make ends meet each month.… Read more...

June 15, 2018

Budget cuts threaten Louisiana’s largest anti-hunger program

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The Legislature’s stalemate over revenue-raising measures could force the state to opt out of the Supplemental Nutrition Assistance Program (SNAP). The budget passed by the Legislature and signed by Gov. John Bel Edwards during the second special session includes a 24.2 percent, or $34.7 million, cut to the Department of Children and Family Services (DCFS) – the state agency that administers SNAP.  Read more...