Taxing Fun

Louisiana Representative Robert E. Billiot, a Democrat from District 83 in Jefferson Parish, recently withdrew his bill which was designed to imposed a 1-percent sales tax on televisions and video game equipment. That money would have gone toward building playgrounds and fighting childhood obesity. Here is another example of a legislator thinking that he knows…

Mercatus on the Bailout

“If you liked the speed of the Katrina recovery efforts, you’ll love the efficiency of these ‘shovel-ready’ bailout projects.” –Dan Rothschild In a February 25, 2009 Forbes magazine article, Garett Jones and Dan Rothschild of the Mercatus Center at George Mason University parallel the inadequacy of federal efforts following Hurricane Katrina in 2005 with President…

Better Than a Bailout: Spending Cuts and Transparency

Last week Gov. Bobby Jindal outlined six fiscal policy reforms that will bring greater flexibility, accountability and transparency to the state budget. Specifically, these reforms will: Raise the cap on cutting budgetary spending units Eliminate the two-year limit on dedicated fund reductions Enhance dedicated fund accountability through performance reviews Enact a four-year sunset for statutorily…