Iris Lav
October 20, 2017
Voting mostly along party lines, the U.S. Senate cleared the way Thursday for a massive tax cut package that would primarily benefit the wealthy and profitable corporations.
Number of the Day
$5.49 million - Amount an estate must be worth before incurring tax under the federal estate tax; one of a litany of cuts specifically for the super-wealthy in President Trump’s plan. (Source: Vox)March 21, 2017
Last week, word began circulating that Gov. John Bel Edwards’ administration had shelved tax reform ideas that would have made Louisiana’s system more fair and sustainable, pushing instead for the highly regressive gross receipts tax that’s widely considered to be bad tax policy.