Gameloft

February 15, 2018

Looking beyond the “temporary” sales tax

The “temporary” 1-cent increase in Louisiana’s state sales tax, approved by lawmakers in 2016, was supposed to serve as a bridge to structural tax reforms. But those reforms never came, as House leaders rejected the recommendations of its own task force and other reform advocates.

Number of the Day

$2 trillion - Projected annual federal deficit in 2027 as a result of President Donald Trump’s 2019 executive budget. (Source: The New York Times via Committee for a Responsible Federal Budget)