|Posted on 6/7/2018 4:52:00 AM.|
Low-wage workers with kids will be getting a $40 to $50 boost on their 2019 tax returns as the legislature approved an expansion of the state’s Earned Income Tax Credit. It’s all but guaranteed to be signed by the governor.
Louisiana Budget Project Executive Director Jan Moller says it’ll help blunt the impact on the poor of relying on sales tax increases to fund budget gaps.
|Jan Moller, Earned Income Tax Credit, Louisiana Budget Project|
|Posted on 11/2/2017 4:35:00 PM.|
The House GOP tax reform plan announced Thursday would consolidate the current seven tax brackets into four and would double the standard deduction, giving an average family of four nearly 12-hundred-dollars more income per year. But Jan Moller with the Louisiana Budget Project says the one-and-a-half-trillion-dollar cuts in the package over ten years will affect services many rely on.
|GOP tax plan, tax reform, Garret Graves, Jan Moller, Clay Higgins|
|Posted on 4/12/2017 2:07:00 PM.|
The Louisiana Budget Project has studied Governor John Bel Edwards’ tax plan and has determined 95% of Louisianans would receive a tax cut. LBP Executive Director Jan Moller says the top 5% of wage earners would pay higher taxes.
|legislative session, Louisiana Budget Project, Jan Moller, tax reform|
|Posted on 9/14/2016 3:11:00 AM.|
New census data shows that more Louisianans than ever before are now covered by health insurance. Director of the Louisiana Budget Project Jan Moller says this is great news because for the longest time, Louisiana had one of the highest uninsured rates in the country.
|Louisiana Budget Project, Jan Moller, US Census, health insurance|
|Posted on 6/20/2016 10:36:00 AM.|
The number of food stamp recipients is increasing in Louisiana, while that rate is falling nationwide. That’s according to the Louisiana Department of Children and Family Services nearly one in five Louisiana residents are on the federal food assistance program. Director of the Louisiana Budget Project, Jan Moller, says that increase is due to job loss in the oil and gas industry because low oil prices hurt Louisiana’s economy more than other states.
|Louisiana Department of Children and Family Services, Jan Moller, food stamps|
|Posted on 2/23/2016 2:33:00 PM.|
The House Ways and Means Committee sent several tax bills to the House floor today. But the panel used a procedural move to advance the tax hikes without having to vote “yes or “no.” Louisiana Association of Business and Industry President Stephen Waguespack says the committee basically punted these revenue-generating pieces of legislation to the House floor.
|Stephen Waguespack, Jan Moller, taxes|
|Posted on 12/1/2015 3:26:00 AM.|
Will Governor-elect John Bel Edwards look to raise the state's minimum wage when he takes office next year? Edwards said during the campaign that he supports raising the minimum wage that currently sits at $7.25.
|Louisiana, minimum wage, John Bel Edwards, Jan Moller|
|Posted on 9/19/2015 3:25:00 AM.|
According to the latest U.S. Census data, Louisiana had the third
highest rate of poverty in the country for 2014, just below 20 percent. Jan
Moller, Director of the Louisiana Budget Project, says he hopes the
gubernatorial candidates will create plans to reduce poverty in the state
because it’s often a topic that gets swept under the rug.
|Louisiana Budget Project, Jan Moller, US Census, poverty|
|Posted on 9/7/2015 1:50:00 AM.|
There is mixed news for the workers of Louisiana on this Labor Day. The Louisiana Budget Project found that wages for workers in the state have finally started to turn upwards, with the median wage rising to $15.63 an hour, a 39-cent increase from 2012 to 2014. LBP Director Jan Moller says with the good news, there is also some bad news to report.
|Louisiana Budget Projects, Jan Moller, wages, workers, Labor Day|
|Posted on 8/14/2015 12:40:00 PM.|
State lawmakers have learned the budget shortfall for the next
fiscal year is already projected at 713 million dollars. Director of the Louisiana
Budget Project Jan Moller says it’s not a surprise that we’re looking at a big
deficit but we’re in better shape than we were a year ago, when the deficit
reached 1.6 billion dollars.
|Louisiana Budget Projects, Jan Moller, budget deficit|
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