Bob Corker

December 19, 2017

The governor’s tax plan

Gov. John Bel Edwards on Monday released his recommendations for averting next year’s “fiscal cliff,” and they hew closely to the ideas put forth by a legislative task force and other groups that have studied the tax structure.

Number of the Day

5 - Number of Louisiana parishes (Cameron, Calcasieu, St. Charles, St. John and Iberville) that in a typical recent year exempted more property taxes for manufacturers than they collected. (Source: The Advocate)
December 1, 2017

Harvard on the Bayou

The cost of higher education has shifted dramatically in the last decade from state taxpayers to students.

Number of the Day

$1 trillion - The net cost of the Senate tax plan, according to analysis by the Joint Committee on Taxation after factoring in an estimated $458 billion in revenue from economic growth and $51 billion over a decade in interest payments. (Source: Joint Committee on Taxation via The Washington Post)
November 29, 2017

Latest on cliff negotiations

The chair of the state House Appropriations Committee, Rep. Cameron Henry, contends that the Legislature needs to wait to see what happens at the federal level before addressing the state’s fiscal cliff.

Number of the Day

$1.38 billion - Amount of temporary state revenue that expires on June 30 of next year, the main driver of the projected $1.52 billion state general fund shortfall for the fiscal year beginning next July 1. (Source: House Fiscal Division via LBP)