LBP’s new report Income Tax Cuts Costing State Millions Needed for Services finds that Louisiana’s fiscal chickens are coming home to roost. The state no longer generates sufficient revenues to fund necessary services. This problem is due in part to specific tax cuts that hurt Louisiana’s most vulnerable populations, reduce education opportunities, and impede the state’s ability to recover from the deepest recession since the Great Depression. It didn’t have to be this way.
July 2010| By Invest In Louisiana Staff