LABI

S. Lincoln

When it comes to Louisiana’s revenue famine, eating analogies abound.

“All options are on the table,” Commissioner of Administration Jay Dardenne has said.

“With respect to next year, it takes on the shape of a menu of options from which to choose,” Governor John Bel Edwards says. “And everyone will have a seat at the table.

Yet just two weeks into the new administration, it’s as if food critics are publishing reviews before they taste what they’ve ordered.

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Eight of the eleven Board of Elementary and Secondary Education seats are up for election on October 24th. (The other three are appointed by Louisiana’s governor.) And while board members don’t get paid a penny for their service, big bucks are being invested in the race.


The Louisiana Association of Business and Industry is considered to be one of the most influential lobbies at the state capitol. But this year, with a looming $1.6 billion budget shortfall, business interests are on shakier ground than usual.

Stephen Waguespack, President of LABI, says there's been no appetite for pension or spending reform. Instead lawmakers have focused on reducing tax breaks that benefit business.


A bill to prohibit payroll deductions for union dues prompted hours of impassioned testimony Thursday.

“Teachers, firemen, police — these are the people you trust every day to take care of everything in our communities. But you insult us by telling us we’re not smart enough to know if we want things taken out of our paycheck,” said an angry Melody Munch, president of the Jefferson Parish Federation of Teachers.

This was the fourth annual try for the so-called “Paycheck Protection Act”, pushed by the American Legislative Exchange Council (ALEC), Americans for Prosperity (AFP), and the Louisiana Association of Business and Industry.

“It’s being advanced by the same folks everywhere, because it’s template legislation,” Louisiana Federation of Teachers president Steve Monaghan noted during his testimony against the bill.”

LABI president Stephen Waguespack said this is about drawing a bright line between political organizations and public employees.

Have you noticed you don’t see “inventory reduction” sales regularly, like you used to? That’s because of Louisiana’s business inventory tax credit, put in place in the 1990s.

“It certainly has been no reason for companies to deplete their inventories at the end of the year,” state Sen. Robert Adley observes.

Businesses still do count their inventory, and pay local taxes on their stock on hand. But when they file their corporate income tax returns with the state, Louisiana reimburses the companies for every penny they paid in inventory tax—even if the amount exceeds the other state taxes the business owes.

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