tax rebates

May 17, 2022

If Legislators Won’t Invest in People, At Least Give Them Their Money Back

The Louisiana Legislature started its annual session with record amounts of revenue to divide among the state’s many needs. Lawmakers have more than $3.6 billion in windfall revenue on hand that includes surplus dollars from last year, leftover pandemic relief dollars and “excess” tax revenue in the current year that can be spent with few restrictions.… Read more...

October 9, 2018

Tax incentives are (still) costly

Louisiana’s panoply of tax rebate and incentive programs cost the state $1.1 billion in tax revenue that otherwise would have been collected from corporations and individuals, according to a state audit released Monday.

Number of the Day

78 - The number of tax rebates and incentives that contributed to Louisiana’s $1.1 billion tax revenue loss. (Source: The Advocate)