federal income tax deduction

April 20, 2021

Fed Deduction Fact Sheet

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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...

October 17, 2018

Louisiana’s Tax Code is Still Regressive

The wealthiest households in Louisiana continue to pay state and local taxes at a lower rate than those in the middle class and below, according to a new analysis that breaks down the tax rates by income brackets in every state.Read more...

January 10, 2018

Fiscal reform cannot wait

Although the state’s revenue picture is expected to brighten by up to $300 million once federal tax changes take effect, the extra revenue won’t be nearly enough to plug the $1.5 billion shortfall in next year’s state budget that is mostly due to temporary taxes expiring on July 1.

Number of the Day

323,000 - Square feet of office space that Louisiana is renting from New Orleans Saints owner Tom Benson at above-market rates, costing the state nearly $2 million a year. (Source: Gannett Louisiana)