The Future is Now
Improved tax policies, a better business climate and an answer to the fiscal cliff are still possible this session.
Resource Category: Budget & Taxes
The Governor’s Surprise
Gov. John Bel Edwards jolted the public discussion on tax reform recently by suggesting the state consider adopting a new type of business tax in place of the current corporate income and franchise taxes paid by companies in Louisiana.
The New Louisiana Purchase: Building Trust with Sound Coastal Investment Policies
The persistent disappearance of Louisiana coastlands poses a threat to the state and national economy as well as to the coastal communities and their residents’ livelihoods. Louisiana’s leaders have a responsibility and a great opportunity to address this creeping danger by using newly allocated resources efficiently and effectively for restoration and protection.
Out of Chaos Comes Change
With the special session over, state leaders now will take a deep breath and turn their attention to the regular session and a projected $800 million budget imbalance for next fiscal year. The special session bought time but not long-term solutions. Looming on the 2018 horizon is an immense revenue cliff that could pressure leaders […]
Safeguard Coastal Funding
As Louisiana is poised to spend some of its BP oil spill settlement on the state operating budget, now is a good time to evaluate the appropriate use of the various new revenue sources the state is receiving related to coastal damages and offshore drilling. The state’s actions could affect future resources available to Louisiana […]
A Plan to Control State Spending
The state’s budget malady is the worst Louisiana has seen since the 1980s oil bust. The Legislature and new Gov. John Bel Edwards face an immediate, stupendous shortfall for the current year and even bigger ticket problems next year and in the long term.
Mid-Year Budget Plan Hides Coastal Fund Raid and Delayed Health Care Payments
(PDF Version) The Jindal administration is planning to address the latest mid-year state budget crisis with several potential solutions, at least two of which should be reconsidered. One is a raid on the state’s Coastal Protection and Restoration Fund, a move that would sweep scarce and specially designated dollars for coastal protection and restoration into […]