Institute on Taxation and Economic Policy (ITEP)

Louisiana

Louisiana Budget Project: Increasing EITC improves tax fairness, reduces poverty, invests in children

May 22, 2014

Efforts to modestly raise the minimum wage in Louisiana failed this legislative session — even though the wage isn’t high enough to keep a full-time worker with a child out of poverty. But some opponents of giving the lowest-paid workers a raise have suggested another pro-work, anti-poverty policy as an alternative: increasing the value of […]

Chicago Now: Pope Francis and a moral argument for immigration reform

April 14, 2014

(Original Post) By Teresa Puente, Sunday at 8:38 pm President Obama has failed to persuade the Republican controlled U.S. House of Representatives to pass immigration reform, but if anybody can make a moral argument it is Pope Francis. These two men who broke barriers, the first Latin American pope and the first African- American president, […]

Milwaukee Courier: Gov. Walker plans massive sales tax hike on the working class

January 22, 2014

(Original Post) 18 JANUARY 2014 Compiled by Courier Staff It’s no secret that Wisconsin is in poor economic shape. Recent numbers indicate that the state is 38th in private sector job growth in the last two years. Despite Governor Scott Walker’s insistence that his Tea Party reforms are working, families in Milwaukee and across the […]

Shreveport Times: Taxes – Where is Louisiana?

November 18, 2013

Nov. 15, 2013 Written by Tommy Williams Special to The Times Right now, inflation is not meeting expectations — and that may be a good thing. Critics of the prevailing monetary policy and low interest rates have predicted inflation will rise. Martin Feldstein, president of the National Bureau for Economic Research, explained in 2012 that […]

Governing: Is Earmarking the Best Way to Fund Projects?

September 30, 2013

(Original Post) It’s not black and white, but understanding the pros and cons increases your chances of coming to the right answer for a particular project. BY: KATHERINE BARRETT & RICHARD GREENE | OCTOBER 2013 There are many issues in government management where things aren’t black and white, where gray is the color of the […]

CT News Junkie: The Important Message of the Sales-Tax Holiday

August 16, 2013

It's that time of year again, folks. Not only are my kids gearing up for a much-needed return to school, but sales tax holidays are sprouting up like weeds across the land of the free.

Tax incentives are intended to spur economic growth that would not have otherwise occurred. More specifically, these narrowly targeted tax breaks are usually offered in an attempt to convince businesses to relocate, hire, and/or invest within a state's borders.

PBS: State Tax Cuts: Is Arthur Laffer All Wet?

August 2, 2013

The correlation between states having no income tax and their economic growth is not as direct as Reagan White House economic adviser Arthur Laffer says it is, argues tax economist Joel Slemrod.

PBS: How Low Can They Go? Arthur Laffer Defends Slashing State Income Taxes

August 1, 2013

In this 2012 Making Sen$e report, former Reagan White House economic adviser Arthur Laffer drew his famous curve on a napkin -- just the way he did for the Ford administration -- and explained how it works.

The City Wire: Some studies note impact of tax holiday promote spending

August 1, 2013

One back-to-school ritual designed to boost consumption will occur this weekend starting Saturday (Aug. 3) and ending Sunday (Aug. 4), as consumers may take advantage of a statewide tax-free holiday.

The Advocate: Sales tax holiday begins Friday

July 31, 2013

  [email protected] July 31, 2013 State sales tax will take a holiday this weekend, giving consumers a chance to save on the purchases of clothes, appliances, electronics and other goods. Lifting the 4 percent state sales tax is a tradition that dates to the aftermath of 2005’s Hurricane Katrina, when legislators wanted to help storm […]

McClatchy-Tribune: States expand sales tax holidays beyond back-to-school items

July 22, 2013

  Many states with back-to-school sales tax “holidays” are expanding them to cover almost any purchase, in addition to the usual kids’ clothing, shoes, books and school supplies. As schools and students replace ink and paper with pixels, some states are expanding their holidays to cover sales taxes on low-cost computers and tablets. These electronics […]

Off the Charts: Getting the Whole Story in State Tax Debates

July 10, 2013

(Original Post) July 8, 2013 at 9:02 am Posted by: Nicholas Johnson This year’s state tax debates have revealed a very important flaw in how states typically make tax policy.  Fortunately, it’s a flaw that can be fixed. In most states, policymakers lack sufficient information on how tax changes will affect the after-tax distribution of […]

Stateline: States Expand Sales Tax Holidays Beyond Back-to-School Items

July 10, 2013

(Original Post)   By Elaine S. Povich, Staff Writer A crowd of about 100 line up outside of the Apple Store in the Saddle Creek shopping center in Germantown, Tenn., to get a head start on last year’s tax free weekend. (AP) Many states with back-to-school sales tax “holidays” are expanding them to cover almost […]

Gulf Coast News Today: We are conservative, Republican, religious

July 8, 2013

  Steve Flowers Inside the Statehouse A recent survey rated Alabama as the most conservative state in the Union. More than half of our residents describe themselves as politically conservative. The poll was done by the vaunted Princeton, New Jersey Gallup polling firm. Four of our sister states, Mississippi, South Carolina, Louisiana and Arkansas, also […]

The Barre Montpelier Times Argus: Kids count

June 28, 2013

  June 28,2013 Once again Vermont finished high in the ranking of children’s well-being released earlier this week by the Annie E. Casey Foundation. The foundation’s Kids Count survey of the states measures children’s well-being in 16 categories relating to economic well-being, health, education and family and community. These include categories such as the number […]

The Commonwealth Institute: What Would a Cut to the Top Individual Income Tax Rate Mean for Virginians?

May 17, 2013

A proposal to eliminate Virginia’s top individual income tax rate would overwhelmingly benefit the state’s wealthiest residents, who already spend far less of their household budgets on state and local taxes than any other group. Nearly 40 percent of Virginia taxpayers would see no reduction in their taxes under the plan and most of the […]

The Morning Sentinel: Bipartisan plan to overhaul state income taxes unveiled today

May 10, 2013

(Original Post) By Steve Mistler [email protected] House Bureau AUGUSTA — A Maine family of four earning $50,000 a year would save about $647 on its state income taxes under a sweeping tax reform proposal to be aired in a public hearing today before the Legislature’s Taxation Committee. However, that same family also would pay hundreds […]

Chattanooga Times Free Press: Some lawmakers say they may kill Georgia’s income tax next year, but there would be a cost

May 6, 2013

(Original Post) published Sunday, May 5th, 2013 by Tim Omarzu A group of Republican lawmakers in Atlanta wants to do away with Georgia’s 6 percent income tax and replace it — mainly by increasing taxes on sales and services. State Rep. Tom Kirby, R-Loganville, set the stage for what could be a sweeping change to […]

Winston-Salem Journal: Lights, camera … and a $69 million N.C. rebate to movie industry

May 2, 2013

(Original Post) Posted: Thursday, May 2, 2013 8:13 am J. Andrew Curliss/News & Observer State leaders blamed each other in October 2011 after Continental Tire chose South Carolina for a large new factory that will employ 1,600 workers. The biggest hang-up, according to documents and state officials, was $45 million in taxpayer money the tire […]

Reuters: State tax reform efforts snarled by politics but backers persist

April 24, 2013

(Original Post) By Nanette Byrnes Tue Apr 23, 2013 2:19pm EDT (Reuters) – From Louisiana to Ohio, Massachusetts and Nebraska, bold proposals to upend state tax laws are losing momentum in the face of political squabbles and special interest opposition. Just a short time ago, it looked as if several state leaders would show gridlocked […]

The Wichita Eagle: Brownback ‘tax swap’ plan facing stiff opposition

April 22, 2013

(Original Post) By Brad CooperKansas City Star Published Sunday, April 21, 2013, at 6:54 a.m. Eliminating or slashing the income tax is a romantic idea for many politicians. Getting there is much less dreamy. Just ask Republican Kansas Gov. Sam Brownback and a handful of other GOP governors who want income tax cuts but propose […]

The Lansing State Journal: Cutting earned income credit hits families

April 12, 2013

Apr. 12, 2013 12:45 PM Written by Gilda Jacobs is president and CEO of the Michigan League for Public Policy. Tax day is right around the corner — and if you are a hardworking family in a low-paying job, you may be in for a big surprise. That’s because in 2011 the Michigan Legislature slashed […]

The Fiscal Times: Bobby Jindal’s Failure Ruins Chances of Tax Reform

April 12, 2013

(Original Post) By BRUCE BARTLETT, The Fiscal TimesApril 12, 2013 Louisiana Gov. Bobby Jindal has been a rising star in the Republican Party for some years. But this year he made a serious misstep on reforming the state’s tax system that has national implications, reducing the chances of tax reform in Washington. To begin with, […]

The Times-Picayune: Behind Jindal’s tax plan, an old debate that still rages

April 8, 2013

(Original Post) By Andrew Vanacore, NOLA.com | The Times-Picayune In pushing for an end to income taxes in Louisiana, Gov. Bobby Jindal is calling upon an economic theory about taxes and economic growth that is almost four decades old. So you might assume the case for or against “supply-side” or “trickle-down” economics would be about […]