Budget task force meets at State Capitol

Budget task force meets at State Capitol

BATON ROUGE, LA (WAFB) - More than a third of the Louisiana's revenue will come from the sales tax by next year. That is more than ever before.

A task force aimed at coming up with ideas to fix the state budget and tax system met at the Capitol Friday morning.

They reflected on the special session when lawmakers raised the sales tax by a penny as a quick fix to deal with the state's budget shortfall.

LSU's Jim Richardson said that move falls into a pattern when the state is short money.

"If you look at the tax that they have typically gone to in the past, it's been the sales tax," Richardson said.

The role of minerals and oil was another big change over the past three decades. In 1982, minerals made up 42 percent of the state revenue. This year, they make up less than 10 percent.

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