The proposed settlement is heralded by some as a major victory, supposedly securing $100 million for the state to use for coastal restoration. In reality, the proposed settlement, if adopted, would yield nowhere near $100 million and divert much of the money it did raise to unrelated government spending. Two key flaws undermine the settlement’s...View Report
The study finds that the Governor’s tax reform would create 11,810 new jobs in the state by 2017-- or roughly 3,000 jobs per year directly relate to these tax changes—while maintaining revenue neutrality.
Fergus Hodgson provides an overview of tax policy changes within the current legislative session.
Sadow: "With little disruption Louisiana could wipe out its corporate income tax in a little over a year... economic activity set off by the elimination of these would swell the state coffers by other means."