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Louisiana lawmakers embraced much of the tax rewrite package sought by Gov. Jeff Landry in the just-ended special session, agreeing to lower and flatten income tax rates in exchange for new sales tax charges.
Louisiana has enjoyed repeated state surpluses for the last seven years, and the latest calculations estimate lawmakers will see that trend continue another year. A surplus occurs when a state’s revenue collections exceed its spending within a budget year.
The governor’s ambitious tax reform package includes a merger of two Louisiana trust funds that help promote financial stability for the state, a change that lawmakers should weigh carefully. The proposal that lawmakers will consider in the upcoming special session on taxes involves the Budget Stabilization Fund (commonly known as the state’s “rainy day” fund) […]
The number of people who are elderly is growing at a faster pace than the rest of the population across the country and in Louisiana. The U.S. Census Bureau projects that people age 65 and older will outnumber children by 2034, a first in the nation’s history.
RESET hired well-known economist and fiscal expert Greg Albrecht to conduct an independent analysis of the tax reform plan recently proposed by Gov. Jeff Landry’s administration for debate during an upcoming special session of the Legislature.
The administration has announced that it intends to call the legislature into a special session in early November 2024 to consider a multi-faceted package of changes to the state tax system. In preparation for that session, RESET Louisiana, a collaboration of the Council for A Better Louisiana, the Public Affairs Research Council of Louisiana, and […]
The 2024 Guide covers the potential impact of five constitutional amendments the public will consider on the Nov. 5 and Dec. 7 ballots. This nonpartisan, educational review helps you understand the issues and the proposed changes so you can develop your own positions on each proposition. Download: PAR Guide to the 2024 Constitutional Amendments Download: […]
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.
The number of students receiving free college tuition through Louisiana’s TOPS program has dropped for the third consecutive year, most likely an effect of declining college enrollment. Part 3 of a three-part series looking at public K-12 education and higher education in Louisiana.
The rate of Louisiana high school seniors applying for college financial aid fell over the last year, fueling worries about the state’s shrinking higher education-bound population. Part 2 of a three-part series looking at public K-12 education and higher education in Louisiana.
With the start of the new school year, students are returning to emptier classrooms as the total enrollment in Louisiana’s public schools declines to its lowest level in 16 years. Part 1 of a three-part series looking at public K-12 education and higher education in Louisiana.