Kathleen Blanco

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)
December 11, 2017

The case for real tax reform

Congressional leaders hope to vote next week on a tax plan that gives massive giveaways to corporations and the most powerful people in the United States.

Number of the Day

19 cents - The loss in purchasing power - due to inflation and improved fuel efficiency - for the state’s gas tax from 1990 to 2016. (Source: Institute on Taxation and Economic Policy)