Skip to content

NFIB Joins Coalition Calling for Budget and Tax Relief

NFIB Joins Coalition Calling for Budget and Tax Relief

May 16, 2023

The groups want lawmakers to use Louisiana's budget surplus to ease the financial burden on taxpayers

NFIB Joins Coalition Calling for Budget and Tax Relief

NFIB State Director Dawn McVea said today that the state’s leading small business advocacy organization has joined six nonpartisan organizations in calling on the Louisiana legislature to use the state’s budget surplus to pass a responsible budget and provide meaningful tax relief to create more economic opportunity for Louisianans.

With Louisiana job creators struggling in this economic environment, McVea said that the legislature has an obligation to provide tax relief.

“Our neighbor, Mississippi, is looking to cut or eliminate its income tax while addressing its infrastructure needs. Louisianans deserve the same resolve from their lawmakers,” McVea said. “We can’t afford to get this wrong. Our state’s budget surplus provides plenty of revenue to shore up our Rainy Day Fund, fix our infrastructure, and cut taxes for hardworking families.

“We hope lawmakers will come together to move our state forward.”

In a letter, the organizations outline four principles for lawmakers to keep in mind during the budget process:

  • Avoid exceeding the expenditure limit to grow government.
  • Fully fund the Rainy Day Fund to save for the future and hit revenue triggers in order to lower individual income and corporate franchise taxes as promised.
  • Pay down long-term debt to free up future budget resources and invest in our state workers’ retirements.
  • Ensure spending of one-time surplus and excess revenues are on genuinely shovel-ready transportation and infrastructure projects.

The full letter may be viewed here:

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

February 3, 2025
Vermont Capitol Update
In his budget address and other public comments, Governor Phil Scott called…
Read More
February 3, 2025
NY Capitol Update: 2025 Executive Budget Proposal
The state has estimated budget gaps of $6.5 billion in 2027, $9.8 billion i…
Read More
January 31, 2025
Gov. Stein Announces $30 Million Grant Program For Small Busine…
Impacted businesses lost $18 billion in revenue because of the hurricane.
Read More
January 29, 2025
Legal, Insurance Reform Top NFIB’s LA Legislative Age…
Frivolous lawsuits drive up the cost of insurance, which raises the cost of…
Read More

© 2001 - 2025 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility