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
Louisiana’s tax code is a serious hindrance to job growth in our state. During the Pelican Institute’s recent “(BIG) Solutions (mini) Summit(s),” our expert keynote speakers and panelists offered several proven solutions to simplify Louisiana’s burdensome tax code. If you missed the Summit(s), take a look at the videos below to learn how we can...
With the 2019 regular legislative session coming to a close this week, the Pelican Institute wants to take some time to reflect on the victories achieved and opportunities missed by lawmakers. This was an abbreviated legislative session and that, combined with rapidly approaching fall elections, made chances for the possibility of enacting transformational policy reforms...
As Louisiana lawmakers continue to debate how to solve the so-called “Fiscal Cliff” (to get up to speed on all the facts, be sure to check out our Citizen’s Guide to the Fiscal Cliff!), the threat of a February special legislative session looms large. Proponents of tax increases are pushing hard for this session, and taxpayers...
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.
Thumbtack.com, in partnership with the Ewing Marion Kauffman Foundation, has released the second-annual Thumbtack.com Small Business Friendliness Survey showing that small businesses rated Louisiana among the most business friendly states, particularly in terms of its training programs and labor regulations.
It is widely expected that tax reform will be the Jindal administration’s primary goal in the 2013 Louisiana legislative session. In a recent Advocate report, Tim Barfield from the Department of Revenue addressed the need for reform, pointing out that it is the “sticker price” and not the actual tax burden that is hampering “Louisiana's efforts to attract businesses.”
The complex nature of the retirement system tends to obscure the importance of pension reform. This has contributed to an unfortunate lack of urgency over the years. But while the details can appear daunting, the crux of the matter is simple: Louisiana has promised its retirees more than it can deliver.
Last week the Louisiana Budget Project (LBP) published a response to our critique of the health insurance exchange proposed by Sen. Karen Carter Peterson in SB744. We have reviewed their arguments in favor of the exchange and find them unpersuasive.
Critics of Governor Jindal’s proposed “cash balance” pension plan for state employees have made a number of inaccurate claims. The current retirement systems have amassed an astonishing $18.9 billion in unfunded liabilities, but reform opponents defend the status quo with scare tactics while relying on a flawed report from the Legislative Auditor.
We believe that voters should support this amendment and vote Yes on Saturday. While there is no doubt that policymakers have been challenged by recent budget shortfalls, most taxpayers face challenges of their own. These taxpayers must live within their means and we believe that policymakers should do the same.