Diane Whitemore Schanzenbach
October 17, 2018
When it comes to paying for government services, Louisiana asks a lot more of those with the fewest resources than it does of its wealthiest citizens, according to new analysis by the Institute on Taxation and Economic Policy.
Number of the Day
1.2% - Percentage of income from the wealthiest 1 percent of Louisiana households that goes to pay sales and excise taxes. In comparison, 9.2 percent of income from the poorest fifth of the state’s households, who earn $10,500 a year, on average, goes toward sales and excise taxes. (Source: ITEP)September 6, 2018
The farm bill conference committee met on Wednesday with the goal of combining two competing versions of the comprehensive legislation from the House and Senate.