The expiration of the federal income-tax cuts put into place in 2001 and 2003 could reduce the amount Louisiana collects from its income tax by between $30 million and $120 million a year, beginning in fiscal 2012.

Greg Albrecht, chief economist for the Legislative Fiscal Office, told the Revenue Estimating Conference earlier this week that higher federal taxes could hurt revenue because Louisianans can deduct federal income taxes from their state income tax liability.

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