Audio: ITEP’s Neva Butkus Discusses Louisiana’s Tax System on Louisiana Public Radio
media mentionIn a special legislative session late last year, Louisiana passed a sweeping overhaul to its tax system year that saw the state income tax slashed to a flat tax rate and increased the rates of the state sales tax.
Some have said the new tax system is a very modest improvement, while others find it regressive. Neva Butkus, senior policy analyst at the Institute on Taxation and Economic Policy Others, tells us why this system has problematic implications for state budget stability.