HB 531, which was passed unanimously by the House, would create the Lafayette Parish Redevelopment Authority, which would approve local government use of future property, sales, and other taxes to pay back debt-funded development of “blighted” or “distressed” areas.
HB 641 – better known as the Amazon tax – would reclassify out-of-state companies as in-state if they receive commissioned referrals from in-state affiliates.
Sadow: “With little disruption Louisiana could wipe out its corporate income tax in a little over a year… economic activity set off by the elimination of these would swell the state coffers by other means.”
In the face of unsustainable federal debt, Congress and the President appear unwilling and impotent to do anything about it. Robert J. Thorpe contends that the states must initiate a limit on spending, such as the National Debt Relief Amendment, via an Article V amendments convention.
The Pelican Institute has released three pieces of research to clear the air over the National Debt Relief Amendment and other Article V amendments. Escalating debt and an unrestrained federal government suggest the time is overdue for a state-initiated amendment to the U.S. Constitution.
Kevin Kane: The B.R. Advocate’s Lenny Keller has described the Louisiana legislature as ultraconservative – but it just ain’t so.
Don Briggs weighs in on the debate at the federal level. His view: burdening suppliers will do anything but lower gas prices.
Illegal immigrants are set to find work with state contractors harder to come by. That is if employers participate in the federal government’s E-Verify program, as new legislation would mandate.
Jeffrey Sadow contends that Jindal has received unjustified and misleading criticism over his pledge against tax increases.
The reality is government wants more revenue, and taxes on tobacco prey on the vulnerable and burden the poor. As these revenue streams become perpetuated and critical, elected leaders give moral approval to the exploitation of addiction.