Those calling to increase state revenue by eliminating the inventory tax credit need to be reminded that taxes make doing business more expensive. The more expensive an activity is, the less a person can engage in it.
Many of our public pension systems operate outside the laws of reason and are usually motivated more by political interests than practical economics.
What if the states could advance and ratify a powerful federal balanced budget amendment in just twelve months? It could happen with a new approach to state-originated amendments under Article V of the United States Constitution.
With the coming expansion in the energy, manufacturing, and construction sectors and an aging population, Louisiana’s impending labor shortfall can only be exacerbated by excluding a large section of the prospective workforce: ex-offenders.
The nation’s older inmate population is expected to increase exponentially again over the next decade, with associated health costs spiraling higher.
Conservative states like Texas and Georgia have taken steps to steer nonviolent offenders away from prison, emphasize rehabilitation over jail time, and reduce penalties for many drug and property crimes.
Smart on Sentencing, Smart on Crime: An Argument for Reforming Louisiana’s Determinate Sentencing Laws
A new study details how Louisiana can reduce its prison population and corrections spending without lessening public safety by eliminating mandatory minimum sentences for nonviolent offenders and reforming its habitual offender law.
Louisiana can find a better way to fight crime, prioritize victims and protect taxpayers.
While Louisiana faces many of the same fiscal issues faced by other states, our problems have been compounded by the fact that we have an appropriations process that is particularly inflexible.
Louisiana’s economic prospects are mediocre, according to a new report released by the American Legislative Exchange Council, which ranked the 50 states according to their economic outlook in 2013.