CABL Supports Sales Tax Extension
The Council for a Better Louisiana supports renewal of one-half-cent of the expiring state sales tax.
In a statement, CABL says:
We believe the revenues are important to help address a number of state needs and we are particularly concerned about providing much-needed stability to higher education. CABL has been actively involved in issues involving fiscal reform for many years. We served on the HCR 11 Task Force and continue to believe the recommendations made by that group offer Louisiana a solid framework for finding comprehensive, long-term solutions to our tax structure.
CABL President Barry Erwin also says a couple of points are significant:
- Louisiana’s prolonged cuts to higher education over the last decade represent the second highest disinvestment in colleges and universities in the nation.
- As a result of that, Louisiana now ranks last in our region in terms of resources available per student.