Exploring Long-Term Solutions for Louisiana???s Tax System
LSU Press
ISBN13:
9780807169919
$51.14
The central issue debated at each successive legislative session for over a decade, Louisianas significant fiscal problems have remained unresolved despite efforts to mitigate the states financial woes and avoid cutting key services or resorting to stop-gap solutions. Louisiana created its current tax structure in the 1970s, with some subsequent revisions in response to new economic realities. While many developments in Louisianas fiscal picture lie outside the states control, other changes including shifting tax rates, shrinking the tax base, and increasing the number of exemptions, deductions, and tax credits, resulted from decisions made by the legislative body. In Exploring Long-Term Solutions for Louisianas Tax System, James A. Richardson, Steven M. Sheffrin, James Alm, and other contributors advocate for establishing financial reforms geared to long-term change and more stable fiscal prospects. With a focus on practicality and accessibility, the authors explore the complexities of Louisianas economic reality and explain the states current tax structure. In so doing, they suggest several reforms that challenge the states use of sales tax, application of the individual income tax, approach to corporate taxation, and allocation of other taxes such as mineral revenues. Crucial for those who want to engage with their representatives, colleagues, and fellow voters on the topic of taxation, this book equips readers with timely information about policy and, more importantly, nonpartisan solutions that could secure a more prosperous future for Louisiana.
- | Author: Professor James A. Richardson
- | Publisher: LSU Press
- | Publication Date: November 14, 2018
- | Number of Pages: 336 pages
- | Language: English
- | Binding: Paperback
- | ISBN-10: 0807169919
- | ISBN-13: 9780807169919
- Author:
- Professor James A. Richardson
- Publisher:
- LSU Press
- Publication Date:
- November 14, 2018
- Number of pages:
- 336 pages
- Language:
- English
- Binding:
- Paperback
- ISBN-10:
- 0807169919
- ISBN-13:
- 9780807169919