Tax Foundation

June 1, 2018

House budget with major holes advances to the Senate

TOPS scholarships, mental health services, substance abuse treatment and local sheriffs are just a few of the priorities that would be hit by severe cuts in the latest version of the 2018-19 budget that cleared the House on Thursday.

Number of the Day

25 - Number of inmates who died in East Baton Rouge Parish Jail from 2012-16 - a rate that is 2.5 times the national average. (Source: Reuters)
February 9, 2018

Decision day on special session

After months of behind-the-scenes conversations and public posturing, Gov. John Bel Edwards is expected to decide today whether to call the Legislature into a special session to deal with the state’s $1 billion fiscal cliff.

Number of the Day

$220 million - Annual revenue that would be generated by making one-fourth of the 1-penny sales tax permanent, which would plug less than 25 percent of the $1 billion fiscal cliff. (Source: Nola.com/The Times-Picayune)
December 18, 2017

Perverse incentive

The Industrial Tax Exemption Program doles out about $1 billion each year in property tax breaks to corporations.

Number of the Day

$13.7 billion - Lost tax revenue from the Industrial Tax Exemption Program from 2006 - 2016 (Source: Louisiana Tax Commission via The Advocate)
December 4, 2017

Cliff notes: Louisiana is still a low tax state

Most people don’t like paying taxes. But people in Louisiana pay less in state and local taxes than residents of other states, on average. This is important to keep in mind as policymakers consider reforms to the state tax structure.

In 2016 Louisiana ranked 40th among states in general fund revenue per capita.… Read more...