A bill to increase a tax credit program by $47-million dollars found favor with the House Ways and Means Committee Tuesday. Speaker Pro Tem Walt Leger’s HB 70 would double Louisiana’s current Earned Income Tax Credit.
“This allows about 30-percent of the state of Louisiana to keep more of their earned money,” Leger told the committee.
There were the kind of arguments for the bill that you’d expect.
“I see this bill as a response to consistent criticism that I hear – in this building and in the community at large – about people ‘getting something for nothing’,” Leger explained. “This program is one that rewards people for working.”