A debate broke out at the state capitol over a tax credit that benefits working individuals with low incomes. Prairieville Representative Tony Bacala has legislation to do away with the state’s Earned Income Tax Credit, which he says will save the state about 50-million dollars a year
cut 12 (12) “through revenue increases”
But Democratic state representative Walt Leger says the Earned Income Tax Credit helps the working poor pay for daily life expenses
cut 13 (09) “out of the year”
The New Orleans lawmaker has a bill to double the earned income tax credit. A vote on the two different measures was not taken. The House committee is waiting to hear on all of the different tax bills, before deciding which ones should advance.
Marketa Garner Walters, secretary of the Department of Children and Family Services, is concerned about a 15-million dollar hole in her budget. Halen Doughty reports…
voicer 1 (28) “…I’m Halen Doughty”
Republican Chris Broadwater of Hammond, who serves on the House Ways and Means Committee, says lawmakers are taking a hard look at the Edwards Administration’s proposed one cent sales tax increase. He says the reason it’s such a pivotal issue is because they are trying to close a massive $950-million dollar gap in the current fiscal year…:
cut 30 (06) “were it to pass”