Center for American Progress

June 12, 2018

The EITC is money well spent

The Legislature’s decision to expand the state’s Earned Income Tax Credit in Louisiana will help lower-income, working households receive a larger tax refund at the end of the year.

Number of the Day

$2,138 - Total cost of “summer learning programs” for the average Louisiana family - which amounts to 15 percent of median summer income. (Source: Center for American Progress)
December 12, 2017

The latest on tax bill

Republican congressional leaders are keeping a lid on the behind-the-scenes negotiations on a final tax bill.

Number of the Day

76 percent - The share of working people without a college degree who have service jobs in industries such as retail or health care. (Source: Center for American Progress via CityLab)
April 21, 2017

The latest on tax reform

The Legislature has completed its second full week of work, and no progress has been made on fixing either the $440 million shortfall for the coming fiscal year or the nearly $1.4 billion “fiscal cliff” the state is facing when temporary taxes expire in June of 2018.

Number of the Day

$1.5 billion - Cost to the state in FY 2019 if the sales tax rate was reduced to 2.03 percent and various exemptions were repealed. (Source: Legislative Fiscal Office analysis of HB 220)