A defining characteristic of an individual income tax system is its degree of progressivity. The United States has a rather progressive income tax. This means that the average tax rate paid by an individual increases as...
- Fergus Hodgson of the Pelican Institute
Fergus Hodgson of the Pelican Institute
This week Manager of Communications Richard Morrison talks with Fergus Hodgson, Capitol Bureau Reporter for the Pelican Institute in Louisiana. Fergus fills us in on what's been going on with tax policy recently in Baton Rouge, including proposals for an Amazon tax, changes to the cigarette tax, and a proposal to phase-out the state's personal income tax entirely.
For more information, see the following:
Tax Foundation Fiscal Fact No. 271, "Louisiana Considers Adopting 'Amazon' Tax on Out-of-State Online Sellers" by Joseph Henchman (5/26/11).
More on Louisiana's tax climate here.
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