Tax Policy Center

Louisiana

: TaxVox
WWND: Louisiana lawmakers ask Grover Norquist to weigh in on Governor Bobby Jindal’s tax plan. Eleven members of the state’s House sent a letter to the head of Americans for Tax Reform. They call the SAVE tax credit —Jindal’s proposed tax credit for a non-existent student fee—a precedent that would
June 9, 2015Renu Zaretsky
: TaxVox
Redesign the EITC to help more low-income workers. TPC’s Elaine Maag thinks that’s the way to go. She explains in her new paper : “A worker credit based on individual earnings, and not contingent on having children at home, could provide substantial benefits to all low-income workers, ease
May 21, 2015Renu Zaretsky
: TaxVox
Don’t believe the hype: Budget work in Congress has only just begun. TPC’s Howard Gleckman explains that the budget resolution passed by the congressional GOP is just a fiscal outline . The real fun—or in the case of Congress, conflict—begins when they start hashing out spending details. In
May 8, 2015Renu Zaretsky
: Daily Deduction
Will cuts to a state’s top income tax rate boost growth? Not necessarily. In a new TPC paper , Bill Gale, Aaron Krupkin, and Kim Rueben find little evidence linking state-level economic growth and taxes, especially income tax policy. Neither tax revenues nor top income tax rates have a steady
May 4, 2015Renu Zaretsky
: TaxVox
The GOP is putting the finishing touches on the first budget resolution in a decade. The Hill reports that an agreement could be voted on by the end of the week. The Associated Press reports that the final resolution will reportedly drop the House provision to move part of Medicare to a premium-
April 28, 2015Renu Zaretsky
State and Local Issues: TaxVox
Politicians looking to “enhance revenue” without raising taxes might want to take a close look at Louisiana, where Governor Bobby Jindal may have found the promised land of conservative tax policy. He’s promoting a plan to raise $526 million without a tax increase. His trick: Turn refundable
March 23, 2015Norton Francis
: TaxVox
High-income households can worry even less about being audited this year. Last year, the IRS audited just 7.5 percent of households earning more than $1 million in 2013. That’s the lowest share since 2009 . Its overall individual audit rate was 0.86 percent, the lowest since 2004. The IRS budget
February 25, 2015Renu Zaretsky
State and Local Issues: TaxVox
Just months ago, to the joy of conservatives and the consternation of liberals, several Republican governors proposed major tax reform plans. At least three--Bobby Jindal of Louisiana, Dave Heineman of Nebraska, and Pat McCrory of North Carolina-- vowed to completely repeal their state corporate
April 16, 2013Howard Gleckman
Individual Taxes: TaxVox
Last week Louisiana’s Republican Governor Bobby Jindal proposed replacing the state’s individual income and corporate taxes with a higher sales tax. While details are scarce, initial media reports suggest Jindal would both raise the sales tax rate and make more goods and services subject to the
January 14, 2013Benjamin H. Harris