March 11, 2013
(Original Post) By Mark Ballardand Michelle Millhollon Capitol news bureau March 11, 2013 At the top of a “talking points” memo handed to legislators, Gov. Bobby Jindal justifies overhauling the state’s tax system in order to increase the state’s ranking on an index drafted by the Tax Foundation. Stephen Moret, Jindal’s secretary of the state […]
February 7, 2013
(Original Post) A national survey of state and local tax codes by the Institute on Taxation and Economic Policy (ITEP), a Washington, D.C., think thank, shows Louisiana’s poorest residents pay comparatively high state and local taxes as a percent of income. Louisiana’s poor pay an average of 10.6 percent of their income in taxes, more […]
February 5, 2013
Feb 4, 2013 Written by Mike Hasten Gannett Louisiana BATON ROUGE — If legislators agree with Gov. Bobby Jindal’s plan to switch from personal and corporate income taxes, Louisiana would be in line with several states showing job growth. But it could prove to be costly for those not on the high end of the […]
February 1, 2013
Written by Mike Hasten Gannett Louisiana BATON ROUGE — Louisiana’s current tax structure is unfair to low- and middle-income families, a study examining tax structures says, and the tax revision plan pushed by Gov. Bobby Jindal would make it worse. Matthew Gardner, head of the Institute on Taxation and Economic Policy and lead investigator on […]
January 31, 2013
Jan 31, 2013 Written by Mike Hasten BATON ROUGE — Like many states, Louisiana’s current tax structure is unfair to low- and middle-income families, a study examining tax structures released today says. But the tax revision plan pushed by Gov. Bobby Jindal, dropping income taxes in exchange for higher sales taxes, would make it worse, […]
January 31, 2013
(Original Post) Capitol news bureau January 31, 2013 Louisiana’s tax system takes a much-larger share from middle-and-low income residents than the wealthy just like most states, according to a national report released Wednesday. The state did not make it into the Institute on Taxation and Economic Policy’s list of most regressive states when it comes […]
January 31, 2013
(Original Report) By Tyler Bridges, Staff writerJanuary 30th, 2013 The poor in Louisiana pay twice as much of their income in state and local taxes as do the rich, a new study shows. The report, released Wednesday by the Institute on Taxation and Economic Policy, a liberal, Washington, D.C.-based group, will likely raise more questions […]
January 30, 2013
Jan. 30, 2013 4:27 PM, | Written by MIKE HASTEN Gannett Louisiana BATON ROUGE – Like many states, Louisiana has a tax structure that is unfair to low- and middle-income families, a study examining tax structures released today says. But the tax revision plan pushed by Gov. Bobby Jindal, dropping income taxes in exchange for […]
January 30, 2013
(Original Report) Posted by Charles Maldonado on Wed, Jan 30, 2013 at 4:31 PM A national survey of state and local tax codes by Washington think tank the Institute on Taxation and Economic Policy (ITEP) shows that Louisiana’s poorest residents pay the highest levels of state and local taxes as a percent of income — […]
January 30, 2013
(Original Post) Posted: Jan 10, 2013 2:57 PM by Russell JonesUpdated: Jan 10, 2013 2:57 PM BATON ROUGE – Gov. Bobby Jindal called today for the elimination of all state income and corporate taxes as a way to boost Louisiana’s economy. The governor’s office posted the comments on Jindal’s official Twitter account this afternoon. Jindal […]
January 28, 2013
(Original Post) By PAUL KRUGMANPublished: January 27, 2013 Republicans have a problem. For years they could shout down any attempt to point out the extent to which their policies favored the elite over the poor and the middle class; all they had to do was yell “Class warfare!” and Democrats scurried away. In the 2012 […]
January 23, 2013
By Steve Benen – Wed Jan 23, 2013 10:01 AM EST Louisiana Gov. Bobby Jindal (R) recently unveiled an ambitious new approach to tax policy, in which his state would eliminate income and corporate taxes altogether, and replace the revenue through increased sales taxes. If you thought his plan couldn’t get more offensive, think again. […]
January 22, 2013
(Original Post) Sunday, January 20, 2013 A proposal backed by Gov. Bobby Jindal (R-Louisiana) to abolish the state income tax on individuals and on corporations would amount to a tax hike for 80% of Louisianans that would hit working families and the poor especially hard, according to an analysis prepared by the non-partisan Institute on […]
January 22, 2013
(Original Post) by mark ballard Capitol news bureau January 20, 2013 Gov. Bobby Jindal is right about his theory that eliminating corporate and personal income taxes could spur business growth. His lack of details led to a growth industry among so-called “think tanks” and “good government” groups, local and national, who have interpretations of Jindal’s […]
January 18, 2013
By Jonathan D. Salant on January 18, 2013 Congress should seize on a rare area of agreement between President Barack Obama and the National Rifle Association in the gun-violence debate and provide funds to hire more police officers, the mayor of New Orleans said. “If Congress can do anything, it can do the thing that […]
January 16, 2013
(Original Post) Blog Post by: Benjamin Landy, on January 16, 2013 In the days and weeks after Mitt Romney’s electoral defeat, there was what seemed like an endless stream of hand-wringing and soul-searching among Republican elites. The political landscape had changed overnight, forcing rising stars within the party to acknowledge the need for greater diversity, […]
January 16, 2013
(Original Post) By Pat Garofalo on Jan 11, 2013 at 11:45 am Louisiana Gov. Bobby Jindal (R) wants to eliminate both his state’s income tax and its corporate income tax, giving a big gift to the richest Louisianians and the state’s businesses. And he may pay for it by hiking the state’s sales tax, which […]
January 16, 2013
(Original Post) By Pat Garofalo on Jan 15, 2013 at 3:10 pm Louisiana Governor Bobby Jindal (R) recently rolled out a plan to replace his state’s personal income and corporate taxes with an increased sales tax. Such a move would shift taxes from the rich to the poor, who are disproportionately hit by the sales […]
January 15, 2013
On Wednesday, May 14, 2008, the House Ways and Means Committee approved SB 87, a measure originally sponsored by Senator Buddy Shaw and now backed by Governor Bobby Jindal. The measure would reduce state income taxes by close to $300 million per year, but a new analysis by the Washington, DC-based Institute on Taxation and […]
January 14, 2013
Several bills introduced in the current regular legislative session would eliminate Louisiana’s state income tax, without mandating any replacement revenues. Adoption of any of these measures would be detrimental to the state’s future. Ending the state income tax would cause a reduction in many services provided by the state or to mitigate significant destabilization of […]
January 14, 2013
Read the Original Full Powerpoint
January 11, 2013 • By Meg Wiehe
Louisiana Governor Bobby Jindal has said that he supports the elimination of the state's personal and corporate income taxes. In fiscal year 2012, Louisiana collected nearly $3 billion in revenues from its personal and corporate income taxes.
January 4, 2013
(PDF of Original Post) By Contributing Op-Ed columnist November 26, 2009, 3:00AM Over the next two years Louisiana likely will fall almost $2 billion short of what it will take to meet people’s growing needs in a tough national recession. That’s serious money — more than you’ll find by tinkering at the margins. Lawmakers will […]
January 4, 2013
(PDF of Original Post) By TOM ASWELL During the 1988 presidential race, Vice President George H.W. Bush proclaimed, “Read my lips: no new taxes!” That famous line helped him defeat Michael Dukakis but when he was forced to back-track on that promise, it was his eventual undoing. Bill Clinton’s own pithy campaign slogan “It’s the […]
December 21, 2012
August 5, 2011 BATON ROUGE — State officials say the sales tax holiday today and Saturday only costs the state $3.7 million, but the director of the Louisiana Budget Project says that money has to come from somewhere. Louisiana’s sales tax holiday Friday and Saturday is one of the most generous in the nation, said […]