Louisiana's tax system is broken. It doesn't bring in enough revenue to pay for the things that allow communities to thrive- strong schools, good hospitals and public safety. It taxes people with low incomes at higher levels than the rich. It doesn't keep up with economic growth. And it's riddled with special-interest exemptions and tax breaks.It's time to trade the never-ending cycle of budget shortfalls for long-term stability that allows for new investments in Louisiana's communities. It can only happen with fundamental tax reform that meets some basic principles: Fairness, Adequacy, Competitiveness, Timeliness and Sustainability.