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Merge pull request #2249 from PolicyEngine/PavelMakarchuk/issue2248
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Change "reduce" to "gain" in final a paragraph of LA flat tax blog post
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MaxGhenis authored Dec 11, 2024
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Expand Up @@ -61,7 +61,7 @@ The tax changes would reduce Louisiana’s poverty rate by 0.8% and deep child p

## Conclusion

The individual income tax changes signed into law by Gov. Jeff Landry will reduce state revenues by $1.3 billion in 2025. 82% of Louisiana residents will see an increase in their net income from the analyzed provisions, disproportionately those in higher-income households. The top quintile would receive 57% of the tax savings while the bottom quintile would reduce 1.4%.
The individual income tax changes signed into law by Gov. Jeff Landry will reduce state revenues by $1.3 billion in 2025. 82% of Louisiana residents will see an increase in their net income from the analyzed provisions, disproportionately those in higher-income households. The top quintile will receive 57% of the tax savings while the bottom quintile will receive 1.4%.

As policymakers evaluate reforms such as these, analytical tools like PolicyEngine offer critical insights into the impacts on diverse household compositions and the broader economy.

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