GNO, Inc. Sunday Night Highlight – Louisiana Biggest Mover in Economic Outlook

Every year, the American Legislative Exchange Council (ALEC) publishes the “ALEC-Laffer State Economic Competitive Index.” In the 2025 ranking, Louisiana moves up faster than any other state, jumping from 31^st to 18^th.

The improvement is largely attributed to tax reforms passed by the Legislature in November, including:

• Lowering the state income tax to a flat 3%
• Lowering the corporate tax rate to a flat 5.5%
• Expanding the list of taxed goods and services
• Eliminating many tax incentives, exemptions, and credits

The Economic Outlook Ranking is a forecast based on a state’s current standing in 15 state policy variables. Louisiana particularly improved in:

• Recently Legislated Tax Changes: from 49th to 14^th
• Top Marginal Corporate Income Tax Rate: from 21st to 10^th

You can see the full report here.