CTC

September 30, 2021

Louisiana’s Children Need a Permanent Child Tax Credit Expansion

Every child, regardless of their background, deserves a fair shot at success. And by providing families with the resources they need to afford the basics — such as food, housing, clothes and school supplies — the federal Child Tax Credit sets millions of children in America up for better opportunities.… Read more...

September 15, 2021

LBP Census 2020: Pandemic aid helped reduce poverty, but need for more aid remains critical

The Covid-19 pandemic caused tremendous hardship in 2020. But timely federal aid and safety net programs dampened the blow and effectively kept millions of Americans out of poverty, according to the latest U.S. Census data. Louisiana, though, has suffered through a string of natural disasters in addition to the pandemic.… Read more...

May 9, 2019

There is still time for tax changes

The Legislature’s current session is supposed to be focused mainly on tax and budget issues. But after a tumultuous 2018, marked by three special sessions devoted to filling a budget shortfall, there appears to be little appetite for making major structural changes to state tax policy.Read more...

September 14, 2018

New Census data reveal concerning trends

An alarmingly high percentage of Louisiana families continue to face serious economic challenges, with almost 1 in 5 Louisianans living below the poverty line in 2017, according to new U.S. Census Bureau data.

Number of the Day

$2,240 - The amount the inflation-adjusted median household income in Louisiana has decreased between 2007 and 2017. (Source: LBP via the U.S. Census Bureau)