As he did in last year’s budget, President Obama has called for a cap on retirement accounts, even though the personal savings rate in America hovers in the low single digits. Obama has added a provision to encourage...
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- Louisiana Tax Reform: Sizing up the Jindal Plan
Louisiana Tax Reform: Sizing up the Jindal Plan
There's been a whirlwind of coverage around Louisiana Governor Bobby Jindal's tax reform plan since it was first released late last week. Economist Scott Drenkard was first out of the gate, commenting on the proposal with a post titled "Governor Jindal's Bold New Tax Plan," in which he pointed out that adopting the reforms would catapult the state's ranking in our State Business Tax Climate Index from 32nd to 4th in the nation overall, the most dramatic one-year increase in the report's history.
We also jumped into the news coverage, scoring mentions in the Times-Picayune in New Orleans, the Shreveport Times, and Bayou Buzz. We also took our message to the airwaves with radio interviews on WWL (New Orleans) and WBRP (Baton Rouge). Vice President Joseph Henchman also stepped into the studio for a TV interview on Fox Business.
New out today is the latest episode of the Tax Policy Podcast in which Scott answers questions about the plan, including the potential impact on low income households.
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The Tax Policy Blog is the official weblog of the Tax Foundation, a non-partisan, non-profit research organization that has monitored tax policy at the federal, state and local levels since 1937. Our economists welcome your feedback. If you would like to send an e-mail to the author of a blog post, please click on that person's name to locate his or her e-mail address or visit our staff page here.