A Tax Plan for Our Brighter Future paper-digital In Louisiana’s Comeback: A Tax Reform for Our Brighter Future, the Pelican Institute identifies the state’s significant tax problems and proposes a path to set the state in a brighter direction, including flattening the personal and corporate income taxes to 3.5% rates, reducing the number of tax preferences, eliminating...View Report
Several states have already passed Article V resolutions for the purpose of reigning in the federal government, and the Pelican State may be headed in that direction.
All findings of the 2016 Index considered, the regimen for Louisiana is clear. Louisiana needs to adopt more fiscally responsible policies, including a tax policy overhaul if it wants to improve its Economic Outlook and become more hospitable to individuals and businesses.
Last week the Pelican Institute was one of many organizations to receive a remarkable letter from United States Senator Dick Durbin.
Louisiana’s economic prospects are mediocre, according to a new report released by the American Legislative Exchange Council, which ranked the 50 states according to their economic outlook in 2013.