Description:
In 2007, the Louisiana legislature enacted a set of innovative tax incentives known as the School Readiness Tax Credits (SRTCs) that remain in effect today. Now, as the state faces a budget crisis, eliminating various tax credits may be one strategy legislators use to balance the budget and increase tax revenue in future years. While some tax credits may not survive because they have not had the intended economic impacts or because they have too high a price tag, the SRTC must be preserved. (author abstract)
Resource Type:
Fact Sheets & Briefs
Publisher(s):
Country:
United States