Thanks to Governor John Bel Edwards, Louisiana experienced the largest tax increase in 2016, and no other state was even close to the Pelican State.
According to a recent survey from the National Conference of State Legislatures, Louisiana’s 2016 tax increase is estimated at $1.5 billion, a result of the one-penny sales tax increase that gave the state the highest average sales tax rate in the nation.
Here are some of the highlights from the NCSL’s state tax report
Collective actions taken by the 50 states resulted in a net tax increase of $2.3 billion
All 50 states combined raised total taxes by $2.3 billion, meaning Louisiana takes up over half of that amount.
There were six states—Louisiana, New Jersey, Oklahoma, Pennsylvania, South Dakota and West Virginia—that reported a net tax increase of more than 1 percent
Six states. Six states reported net tax increases of more than 1 percent, and Louisiana was leading the charge.
Louisiana and South Dakota experienced the largest tax increases in 2016 due to raising the sales and use tax in each state. Louisiana raised $1.5 billion in new revenue, or an increase of 16.4 percent. South Dakota experienced a net revenue increase of $107 million, or 6.4 percent of the total taxes collected in the previous year.
If you were curious about why Louisiana’s conservative legislators are staunchly opposed to implementing any of Gov. Edwards’ tax proposals this session, this report is Exhibit A. Why in the world would legislators want to be responsible for back-to-back years of the largest state tax increases in the country?
South Dakota raised taxes $107 million and is second on this list. Louisiana’s tax increase was nearly 15 times larger than South Dakota’s, yet Gov. Edwards still asked for more money in his latest budget.
When is enough, enough?
It’s time to cut the government waste. Taxes are high enough.