The Public Affairs Research Council of Louisiana is offering a congratulatory pat on the back to the Revenue Study Commission, that panel of lawmakers that today delivered its recommendations on the various tax incentives and tax breaks offered by the state.
PAR President Robert Travis Scott released the following statement:
The Revenue Study Commission has served a worthwhile purpose in raising the Legislature’s and public’s level of awareness and knowledge of the state’s many tax exemption and preference programs. The Commission’s report appropriately calls for higher standards of cost-benefit analysis and a new culture of accountability in our evaluation of these programs, old and new. The report rightly recommends better justifications and data for the programs and a more rigorous review of outcomes after programs are implemented. The next step is for all state government to take these recommendations seriously and to put these important principles into action.