pass through entities

December 19, 2017

The governor’s tax plan

Gov. John Bel Edwards on Monday released his recommendations for averting next year’s “fiscal cliff,” and they hew closely to the ideas put forth by a legislative task force and other groups that have studied the tax structure.

Number of the Day

5 - Number of Louisiana parishes (Cameron, Calcasieu, St. Charles, St. John and Iberville) that in a typical recent year exempted more property taxes for manufacturers than they collected. (Source: The Advocate)
October 11, 2017

Digging into dedications

When Louisiana faces a fiscal crunch, the first place legislators often look for cuts is the area of the budget known as “statutory dedications,” or money that’s set aside for a specific purpose, and often funded by a dedicated tax or fee.

Number of the Day

63 - Percentage of students receiving TOPS awards who come from families with incomes of $100,000 or less (Source: Louisiana Office of Student Financial Assistance via The Advocate)