Blog Archives

Louisiana House of Representatives Did What Had to be Done

Last Thursday was crunch time for the Louisiana House of Representatives as it began to chip away at the $1.6 billion deficit, which threatens higher education and health care. Although the House did what had to be done and raised

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The Fun Begins

It was fitting that the 2015 Louisiana Legislative Session opened with an automobile being impaled by the State Capitol’s new security system, since the state is facing a $1.6 billion budget deficit in what is likely to be one of

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Tax Expenditures: The Good, the Bad and the Ugly

The Louisiana Department of Revenue recently issued an inch thick publication entitled “Tax Exemption Budget 2014-2015.” An alternate title for the publication could be “What’s Wrong with Louisiana’s Leaky Tax code.” The Tax Policy Center, a thinktank associated with the

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Louisiana Fiscal Reform Act II

Last week, Dr. Jim Richardson, the LSU economics professor, widely acknowledged to be the Dalai Lama of Louisiana fiscal and tax policy and long-standing member of the state’s Revenue Estimating Committee presented a study of Louisiana tax policy. He was

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Louisiana Facing a Budget Battle for the Ages, With National Implications

Louisiana is facing perhaps its worst fiscal crises in decades and this time no one is exaggerating for political rhetoric purposes. I spoke recently to the state’s chief economist, who put it quite bluntly; “We have a $1.6 billion deficit

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Americans for Tax Reform Provides Solutions to Louisiana’s Fiscal Crisis

(Provided that the Legislature is Smart Enough to Understand and Embrace Them) In my last blog post (http://bit.ly/1DLCzAg), I discussed the problems that the Scarlet T (TAXES!) posed for Republicans seeking to avoid catastrophic cuts of $1.6 billion to an

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Does the Scarlet “T” Deter Republicans From Wise Policy Choices?

During the Puritan era, women convicted of adultery were forced to wear the Scarlet “A” on their dresses at all times to publicly shame them for their crime. Today, Republicans who support any form of revenue increase are branded with

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