cost saving reductions

October 25, 2017

Congress reverses consumer protection law

The U.S. Senate voted late Tuesday to repeal a banking rule that allowed consumers the ability to file class-action lawsuits against banks and credit card companies.

Number of the Day

$7,725 - Amount the average consumer pays in fees to their bank or lender after going through forced arbitration. (Source: Economic Policy Institute)
October 23, 2017

Another look at tax exemptions

Louisiana gives away more money through corporate tax exemptions and credits than it collects from corporations in income taxes. That much has been known for years.

Number of the Day

79,379 - Louisianans who buy health coverage on the individual marketplace and benefit from federal cost-sharing reductions (Source: Centers for Medicare & Medicaid Services)
October 20, 2017

Senate passes budget resolution

Voting mostly along party lines, the U.S. Senate cleared the way Thursday for a massive tax cut package that would primarily benefit the wealthy and profitable corporations.

Number of the Day

$5.49 million - Amount an estate must be worth before incurring tax under the federal estate tax; one of a litany of cuts specifically for the super-wealthy in President Trump’s plan. (Source: Vox)