Louisiana’s Tax System is Regressive.

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Louisiana’s Tax System is Regressive. LouisianaState& Local Taxesin 2002 Sharesof familyincomefornon-elderlytaxpayers 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% Lowest 20% Second 20% Middle20% Fourth 20% Next15% Next4% TOP 1% n Sales & Excise Taxes n Property Taxes n Incom e Taxes n Totalw /FederalO ffset

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Louisiana’s Tax System is Regressive.

Louisiana State & Local Taxes in 2002Shares of family income for non-elderly taxpayers

1%

2%

3%

4%

5%

6%

7%

8%

9%

10%

11%

12%

13%

Lowest 20% Second 20% Middle 20% Fourth 20% Next 15% Next 4% TOP 1%

n Sales & Excise Taxes

n Property Taxes

n Income Taxes

n Total w/ Federal Offset