The Louisiana Association of Business and Industry, better known as LABI, recently published the Louisiana Legislature Scorecard 2017. This is always a good way to figure out how your legislators have been voting on key issues of importance to the economy. Whether it’s for criminal justice, taxes, or budgetary issues, the LABI Scorecard tracks it all.
A new report, Addressing Louisiana’s Budget Shortfall: Strategies for Growth, released today by the Pelican Institute, Louisiana’s premier voice for free markets, found that proposals to raise taxes to finance more state government spending will hinder economic activity and growth.
The Pelican Institute and R Street Institute conducted a study into how the Border Adjustment Tax would affect Louisiana consumers and the insurance market in the state.
The Pelican Institute joined with our partners at The Buckeye Institute’s Economic Research Center to provide policymakers with a timely analysis of the disastrous effects the CAT would have on Louisiana.
When you head to the store to load up on supplies for tailgating this weekend, you will probably find some of your party necessities cost more than last year.
Louisiana’s fiscal health ranks 33rd best among the states and Puerto Rico, according to a 2016 report by the Mercatus Center at George Mason University.
Remarkably, the report ranks Louisiana 30 spots lower than it did last year. This represents the largest decline of any state in the nation.
All findings of the 2016 Index considered, the regimen for Louisiana is clear. Louisiana needs to adopt more fiscally responsible policies, including a tax policy overhaul if it wants to improve its Economic Outlook and become more hospitable to individuals and businesses.
All in all, Americans will spend more on taxes than they will on food, housing and clothing combined.
The question of whether states can or should tax businesses when their only in-state presence is an internet link on an affiliate’s website has been a point of controversy in recent years.