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Commentary: The State Bankruptcy Debate

By Jamison Beuerman
01/27/2011
As states across the country face fiscal crises, discussions have begun about legislation which would permit individual states to declare bankruptcy. Currently, federal law prohibits states from filing for bankruptcy, but a number of prominent policymakers and scholars have proposed changing the rules.

TAGS: David Skeel, Manhattan Institute, Newt Gingrich, Pension Reform, Tom Petruno

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Tax & Budget / Research Report

A Tax Plan for Our Brighter Future


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...

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