Tax & Budget

With the state economy struggling, and tens of thousands of Louisianans moving out of state, businesses and families need tax and budget reform—to give them an incentive to come to, and remain in, Louisiana.

A successful series of across-the-board tax reforms, touching all layers of the tax code—corporate and individual, and sales and income taxes—will promote growth and expand opportunity. Our state deserves a 21st century tax code that encourages growth and taxes individuals and businesses transparently and fairly. Tax reform can spark an economic revolution in Louisiana—if only lawmakers take the initiative to act, and act boldly.

Along with our tax code, our budget process in Louisiana also needs to be reformed. Over the past several years, Louisiana has lurched from budget crisis to budget crisis, with lawmakers gathering for costly special sessions to patch together yet another stopgap solution. But after years of short-term thinking, policy-makers must now embrace a more comprehensive, holistic approach, to prevent the conditions that created the crises in the first place. Coupled with constitutional reforms that will give lawmakers more flexibility to manage the entire state budget, rather than just small portions of it, improvements to the budget process will modernize the state’s practices—bringing long-needed fiscal stability.

Latest Jobs Report Has Bad News for Louisiana

Latest Jobs Report Has Bad News for Louisiana

This hasn’t been a year of positive news. Over the last few months, however, there have been some bright spots for Louisiana and the nation’s economies, as they have been steadily moving in the right direction. But, the latest jobs report from the Bureau of Labor Statistics has some sobering news for those who expected...

By Daniel J. Erspamer

Amendment 4 will Get Louisiana Working

Amendment 4 will Get Louisiana Working

When facing difficult financial circumstances, Louisiana families take the steps they need to rein in their spending and plan responsibly for future expenses. This is not the case when it comes to how our state currently approaches budgeting. Fortunately, Louisianans Constitutional Amendment 4, is on the Nov. 3 ballot, is offering an opportunity for Louisianans...

By Daniel J. Erspamer

Could Expanding Unemployment Insurance Hurt Louisiana’s Recovery?

Could Expanding Unemployment Insurance Hurt Louisiana’s Recovery?

Last week saw the release of some of best economic news for the state of Louisiana in a long time. According to the Department of Labor’s data for the week ending August 8, the number of Louisianans on unemployment insurance decreased by more than 53,000. This comes on the heels of a 27,000-person decrease during...

By Daniel J. Erspamer

July Sees Major Spike in Louisiana Unemployment Claims

July Sees Major Spike in Louisiana Unemployment Claims

Following the revelation that Louisiana suffered one of the worst Q1 economic declines in the nation, today’s weekly unemployment claims announcement contains even more bad news for Louisianans. Despite remaining steady over the past six weeks, the Department of Labor reports the week of July 4 saw a 45 percent increase in the number of...

While National Economy is Improving, Much of Louisiana is Still Lagging

While National Economy is Improving, Much of Louisiana is Still Lagging

Just in time for the Independence Day Holiday, the Bureau of Labor Statistics (BLS) released some good news for the American people. The national unemployment rate fell 2.2 percent, leading to a total of 11.1 percent in June. Most notably, an astounding 4.8 million Americans who were temporarily laid off are now back in the workforce....

Louisiana Wages Dropped by Nearly $500 Million in First Quarter

Louisiana Wages Dropped by Nearly $500 Million in First Quarter

The Bureau of Economic Analysis’ (BEA) latest report, which showed that Louisiana personal income grew in the first quarter by 2.2 percent, appeared to be a welcome sight for a state still reckoning with the fallout of COVID-19 and subsequent economic shutdown. However, a closer look at the numbers reveals the income growth is a...

Louisiana Economy Appears Stuck in Neutral

Louisiana Economy Appears Stuck in Neutral

The Bureau of Labor Statistics (BLS) recently reported that America gained 2.5 million jobs in the month of May, leaving many in Louisiana wondering how that would translate to the state’s economy. This morning’s BLS report showed Louisiana gaining almost 33,000 jobs in May, leading to a decline in the unemployment rate of 1.8 percent. The state’s...

Big Victory for Policy to Get Louisiana Working

Big Victory for Policy to Get Louisiana Working

On Monday, in a major win for policies to Get Louisiana Working, Governor John Bel Edwards signed Representative Beau Beaullieu’s HB 469 into law. HB 469 reforms our state budget process to rein in reckless spending. Over the last few years Louisiana’s general fund has grown by nearly 12 percent, while our population has decreased...

Federal CARES Act and Advice for Louisiana’s Leaders

Federal CARES Act and Advice for Louisiana’s Leaders

Congressman Garret Graves joins the PeliCast! We discussed the federal COVID-19 aid package, what it means for Louisiana, and why officials must proceed with caution. Don’t miss out on all the important information we covered in this episode!

By Daniel J. Erspamer

Pelican Unveils Policy Solutions to Get Louisiana Working in the Aftermath of COVID-19

Pelican Unveils Policy Solutions to Get Louisiana Working in the Aftermath of COVID-19

Today, the Pelican Institute released its Get Louisiana Working Policy Solutions. This plan outlines reforms to key public policy areas to encourage the return of jobs and opportunity and to strengthen the state’s economy following the destruction resulting from COVID-19 and measures taken to address it. The Pelican Institute is also calling on state leaders...

PeliCast Town Hall: Next Steps for the Legislature and Tax Reform

PeliCast Town Hall: Next Steps for the Legislature and Tax Reform

Calling all Lafourche and Terrebonne residents! Watch our first-ever PeliCast Town Hall with Representative Tanner Magee and Jerome Zeringue State Representative, as we discussed the legislature’s plans to respond to the COVID-19 health and economic crises and also the critical tax reforms we need to enact to Get Louisiana Working.

By Daniel J. Erspamer

Pelican Responds to Gov. Edwards’ Extension of Statewide Stay-At-Home Order

Pelican Responds to Gov. Edwards’ Extension of Statewide Stay-At-Home Order

Today, Gov. John Bel Edwards announced he is extending Louisiana’s statewide stay-at-home order to May 15. The following is a statement from Daniel Erspamer, chief executive officer of the Pelican Institute for Public Policy (Pelican Institute), regarding Gov. Edwards’ decision and what it means for Louisiana’s working families. “Hundreds of thousands of Louisiana families continue...

Louisiana’s 2019 GDP Ranked Among The Worst in Nation

Louisiana’s 2019 GDP Ranked Among The Worst in Nation

As economic news continues to focus on the fallout from the COVID-19 pandemic, the Bureau of Economic Analysis’ (BEA) recently released report further underscored Louisiana’s pre-coronavirus economic struggles. In the final quarter of 2019, the BEA report on state Gross Domestic Products (GDP) showed the Louisiana economy grew an anemic 1.1 percent, ranking 43rd in...

First Post-COVID-19 National Jobs Report Gives Evidence on What’s Happening in Louisiana

First Post-COVID-19 National Jobs Report Gives Evidence on What’s Happening in Louisiana

With a record 6.6 million Americans applying for unemployment over the last month, doubling the previous record from two weeks ago, economists were dreading the latest national report from the Bureau of Labor Statistics. The national report is now out and found that total nonfarm employment decreased by an astounding 701,000 nonfarm workers, the largest...