The Baton Rouge Advocate featured the latest Louisiana Budget Project report (Home to Roost: Income Tax Cuts Costing State Millions Needed for Services) in its July 27 “Our Views” opinion column.
Running under the headline, “Stelly repeal hurt the state,” the recent Advocate editorial marks the third month in a row the newspaper has highlighted and supported LBP’s fiscal analysis.
In pointed terms, the Advocate criticized “bipartisan mistakes” made by state lawmakers and both present and past gubernatorial administrations to repeal parts of the 2002 Stelly tax reform plan in successive legislative efforts.
According to the Advocate, “both repeal bills were doubly ignorant, as everyone with an ounce of sense saw that Louisiana’s post-hurricane boom in state revenue, as well as a year of record oil prices, would not fuel state spending forever.”
The Louisiana Budget Project is a LANO initiative that monitors and reports on state government spending and its effects on Louisiana’s low- to moderate-income families. For more on the Stelly plan rollbacks and analysis of other important state fiscal issues, visit labudget.org.
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