tax credits

The special session on tax reform is expected to wrap up Friday after lengthy negotiations over the last two weeks.

The goal of the session is to lower personal and corporate income tax rates and make Louisiana a more attractive place to live and do business. But the decrease in revenue for the state budget means sales taxes on more goods and services must be implemented and or raised.

Lawmakers adjourned early Monday after they failed to reach a consensus on what should be taxed, as Gov. Jeff Landry attempts to overhaul the state’s tax code.

The House continued Wednesday to revamp the state tax system, passing bills to cut business tax rates, eliminate credits for movie-making and historic preservation and, for the first time, tax personal use digital music, video games, audiobooks and movies.

Updates to SNAP, TANF and the Child Tax Credit have helped families in the Gulf South, but not everyone has been able to access the improved benefits.

Experts hail increases to federal funding for low-income families — like the Child Tax Credit and increases in SNAP benefits — as historic. But did they leave recipients better off?

Have you ever tried to figure out where your money went, when you have too much month left at the end of your money? Tracking down the cup of coffee here;…

“As I understand it, we have competing bills.”Thus began a lively debate between Speaker Pro Tem Walt Leger and Prairieville Rep. Tony Bacala.“I have…

How are the candidates for governor planning to fix the state’s deficit—and what will that mean for the taxes you pay? Thus far, Scott Angelle, Jay…

State Treasurer John Kennedy says when it comes to fixing the state budget, the legislature is doing it all wrong.“Your goal ought not to be, ‘We need to…