Tag: ‘Louisiana’

It depends on what your definition of “pledge” is…

By :: June 9th, 2015

WWND: Louisiana lawmakers ask Grover Norquist to weigh in on Governor Bobby Jindal’s tax plan. Eleven members of the state’s House sent a letter to the head of Americans for Tax Reform. They call the SAVE tax credit—Jindal’s proposed  tax credit for a non-existent student fee—a precedent that would let lawmakers “raise taxes on a […]

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Rewarding Work, Paying by the Mile, a Windfall, and… Tax Magic 


By :: May 21st, 2015

Redesign the EITC to help more low-income workers. TPC’s Elaine Maag thinks that’s the way to go. She explains in her new paper: “A worker credit based on individual earnings, and not contingent on having children at home, could provide substantial benefits to all low-income workers, ease administration for the IRS, and encourage work for childless individuals and secondary […]

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Budget Woes, Taxing Times

By :: May 8th, 2015

Don’t believe the hype: Budget work in Congress has only just begun. TPC’s Howard Gleckman explains that the budget resolution passed by the congressional GOP is just a fiscal outline. The real fun—or in the case of Congress, conflict—begins when they start hashing out spending details. In Louisiana, the House approved lots of tax bills, […]

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States of Growth and Reform

By :: May 4th, 2015

Will cuts to a state’s top income tax rate boost growth? Not necessarily. In a new TPC paper, Bill Gale, Aaron Krupkin, and Kim Rueben find little evidence linking state-level economic growth and taxes, especially income tax policy. Neither tax revenues nor top income tax rates have a steady relationship with economic growth or employment […]

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Deals, Deferrals, and Saving

By :: April 28th, 2015

The GOP is putting the finishing touches on the first budget resolution in a decade. The Hill reports that an agreement could be voted on by the end of the week. The Associated Press reports that the final resolution will reportedly drop the House provision to move part of Medicare to a premium-support program by […]

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Bobby Jindal’s Revenue Enhancements

By :: March 23rd, 2015

Politicians looking to “enhance revenue” without raising taxes might want to take a close look at Louisiana, where Governor Bobby Jindal may have found the promised land of conservative tax policy. He’s promoting a plan to raise $526 million without a tax increase. His trick: Turn refundable business credits into non-refundable credits. With a refundable […]

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To Collect Money You Have to Have Money

By :: February 25th, 2015

High-income households can worry even less about being audited this year. Last year, the IRS audited just 7.5 percent of households earning more than $1 million in 2013. That’s the lowest share since 2009. Its overall individual audit rate was 0.86 percent, the lowest  since 2004. The IRS budget has been cut by $1.2 billion […]

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What Ever Happened to State Tax Reform?

By :: April 16th, 2013

Just months ago, to the joy of conservatives and the consternation of liberals, several Republican governors proposed major tax reform plans. At least three–Bobby Jindal of Louisiana, Dave Heineman of Nebraska, and Pat McCrory of North Carolina– vowed to completely repeal their state corporate and individual income taxes. But by Tax Day, two of those […]

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Should Louisiana Dump Its Income Tax for a Bigger Sales Tax?

By :: January 14th, 2013

Last week Louisiana’s Republican Governor Bobby Jindal proposed replacing the state’s individual income and corporate taxes with a higher sales tax. While details are scarce, initial media reports suggest Jindal would both raise the sales tax rate and make more goods and services subject to the levy. Louisiana’s current 8.86 percent average combined state and […]

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