The Louisiana House rejected an expansion of the Earned Income Tax Credit. The bill, HB 70, by State Rep. Walt Leger (D-New Orleans) failed 48-49.
The bill would have doubled the Earned Income Tax Credit, costing the state $47,000,000. The EITC is refundable which means that a check would be cut back if the credit exceeds the amount of income tax paid to the state. The tax credit is a welfare program issued through the tax code. One of the mantras of the session is to eliminate these types of programs.
Walt Leger voted for all 11 bills during the Tax Orgy. He also filed a bill related to creating a tax credit for rehabbing historical residences. The reason why Louisiana is in the fiscal mess that it’s in is because we continue to elect people like Walt Leger to the Legislature.
Eliminate welfare and leave the border open so they can go South. Then Mexico can build a wall and we all win!