Louisiana’s Higher Education Cuts Among the Worst in the Country
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Issue Brief
The federal deduction needs reform
Louisiana policymakers have a rare opportunity to reform an unproductive tax break that costs the state nearly $1 billion per year: the deduction for federal income taxes.
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A stronger EITC can mitigate sales tax increase
As lawmakers consider their options for raising necessary revenues, they should make sure that low-income and working Louisianans aren’t disproportionately hurt by any tax increases. The best way to do that is to expand Louisiana’s Earned Income Tax Credit.
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The 2015 Legislative Session: Modest Progress, Missed Opportunities
Louisiana’s legislators took modest steps to address the state’s structural deficit this session, but missed several opportunities to fix the bigger problems—the widespread poverty, poor health access and low education attainment that keeps too many hard-working Louisianans from reaching their full potential.
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The 2015 Legislature: A Tough Balancing Act
The Louisiana Legislature starts its 2015 session this week amid a historic budget crisis that was years in the making. Louisiana’s constitution requires a balanced budget, yet the projected gap next year between tax revenues and expenses stands at $1.6 billion. Unless this deficit is plugged in a thoughtful manner that includes new revenues, the result could be deep cuts to critical state investments in education, health care, infrastructure and public safety.
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