Border Adjustment Tax Bad For Louisiana According to Study

Border Adjustment Tax Bad For Louisiana According to Study


The Pelican Institute and R Street Institute conducted a study into how the Border Adjustment Tax would affect Louisiana consumers and the insurance market in the state.

The results were conclusive, showing negative outcomes for both. The press release identified our conclusions pretty starkly in the opening paragraph.

Applying a destination-based cash flow tax—better known as a “border-adjustment tax,” or BAT—to the import of reinsurance will cost Louisiana consumers an additional $1.11 billion in higher property-casualty insurance premiums over the next decade, according to a new report published jointly by the R Street Institute and the Pelican Institute.

The full report can be found here. The Border Adjustment Tax has been talked about a great deal in Washington D.C. in recent months and has the support of many Republicans and Democrats alike. However, this study shows how it will hurt average consumers as well as throwing the insurance market in Louisiana into disarray.

louisiana border adjustment tax, insurance louisiana, bat tax

Want more? Get stories like this delivered straight to your inbox.

Thank you, we'll keep you informed!

By sharing your phone number and/or email address, you consent to receive emails, calls, and texts from Pelican Action. You may opt-out at any time.

Sign Up for Free Swag Delivered!

We're shipping Louisiana residents and supporters free swag! Simply fill out the form below.