Raising the minimum wage risks putting individuals, businesses and the entire state economy in a worse position to advance a goal – helping low income households – that may not even be accomplished.
Unemployment remains a major concern throughout the state of Louisiana and the nation as a whole. While the jobs situation in Louisiana is somewhat better than the national average, the unemployment rate for working-age teens (16-19) is astronomical and bodes ill for the future of Louisiana's youth.
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...