Not Yet A Member? Join today to get instant access to exclusive content—before it hits the web.
Menu
Not Yet A Member? Join today to get instant access to exclusive content—before it hits the web.
In response to Gov. Jeff Landry’s plan to call lawmakers into a special session to debate tax reform, RESET Louisiana has hired well-known economist and fiscal expert Greg Albrecht to conduct an independent analysis of the proposals and determine how they would impact taxpayers.
The Public Affairs Research Council of Louisiana believes comprehensive, responsible tax reform is long overdue. The state’s tax system is cluttered with too many exemptions, deductions and credits. It contains outdated, uncompetitive taxes that are out of step with the rest of the country.
Nearly one in five people in Louisiana, about 867,000 low-income residents on average each month, received financial food aid across the last year through the Supplemental Nutrition Assistance Program, or SNAP, according to the latest data available from the Louisiana Department of Children and Family Services.
A year after lawmakers passed the state budget in a frenzied final few minutes before theirdeadline, the Louisiana Legislature adopted a $49 billion compromise package of spending plansthis year with time to spare and no last-minute chaos in their three-month regular session.
A boost to Louisiana’s state income projections will give lawmakers more money to spend over the next 14 months, even as the post-pandemic financial surge continues to taper off and a fiscal downturn edges ever closer.
The state budget crafted by the Louisiana House steers new money to public school programs at the expense of early childhood education, while maintaining the governor’s push to grow spending on state prisons and police.
Education savings accounts are the newest, most expansive evolution of school choice programs in the United States, already adopted by several states and under consideration in many others, including Louisiana. The programs promise to revolutionize how K-12 education is structured, steering public tax dollars to private educational options for students.
Gov. Jeff Landry’s first set of budget recommendations as governor prioritizes increased spendingon Louisiana’s prison system and an expansion of the State Police force while keeping spending largely flat on most other programs and services.
Louisiana should make budget decisions that put the state on sound fiscal footing and ready for any financial problems on the horizon.
Louisiana should provide a fair, simple and competitive tax environment for individuals and businesses that produces sufficient and stable revenue for essential government operations and services.
Louisiana has started removing tens of thousands of people from the state’s Medicaid program, more than 50,000 so far, either because they no longer qualify for the taxpayer financed health insurance or at least haven’t proven they remain eligible.
While last year’s Hurricane Ian devastated Florida and the Carolinas, Louisiana experienced a quiet hurricane season in 2022. This year, the National Oceanic and Atmospheric Administration predicts “near normal” hurricane activity in the Atlantic for the season that started June 1 and will end November 30.
Part 4 of a four-part series addressing public employee compensation in Louisiana.