Earned Income Tax Credit

April 15, 2023

Louisiana’s Earned Income Tax Credit

Louisiana’s Earned Income Tax Credit is a modest state investment that can pay big dividends for hardworking families and put children on a path to a brighter future.

Created in 2007, Louisiana’s EITC is claimed each year by more than 580,000 households with low to moderate incomes, making it the broadest tax credit the state has to offer.… Read more...

April 10, 2023

LBP 2023 Legislative Priorities

Louisiana’s economy works best when it works for everyone, regardless of race or ZIP code. With the Legislature beginning its two-month “fiscal” session last week, the Louisiana Budget Project is focused on ensuring that Louisiana has the revenue it needs to continue investing in its people and communities so that every family has what they need to reach their full potential. … Read more...

October 5, 2021

Louisiana needs the feds to step up

The Covid-19 pandemic caused tremendous economic and personal hardship in Louisiana in 2020. Devastating job and wage losses due to the pandemic would have driven tens of thousands of our neighbors into poverty. Instead, robust government aid and a strong safety net actually lowered poverty during the pandemic, according to the latest data from the U.S.… 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...