Under Louisiana House Bill 1, if you’re paying more than 3% income tax, it will be lowered to 3%. If you’re currently paying less than 3%, you won’t have any personal income tax. “We want everyone in ...
BATON ROUGE, La. (KPLC) - Under Governor Landry’s tax reform plan, state sales taxes would be added to many services to offset the lowering of income taxes. “It’s by far the most ambitious overall tax ...
But House lawmakers voted 71-23 to make a temporary 0.40% sales tax increase permanent. Lawmakers shaved off 0.05% to bring ...
Some businesses owners will indeed need to learn new skills related to collecting and remitting sales taxes, said Steven Procopio, president of the Public Affairs Research Council of Louisiana ...
It is part of a broader plan to expand the sales tax base to pay off the lost revenue of an income tax cut. “Most of the digital goods were once taxed by the Louisiana Tax Code as tangible ...
Louisiana only collects sales tax on eight services. That list could expand to nearly 50 categories of services that would be subject to sales tax under a multipronged plan to rewrite the state ...
The Pelican State's low ranking is mostly because of its sales tax rank of 48th, which is below California and New York and only above Washington and Alabama. Louisiana also ranked 33rd in ...
Landry hasn’t met much resistance in the House yet to his plan to lower income taxes and offset the revenue loss with higher sales taxes ... director of Invest in Louisiana, a Baton Rouge ...
The Pelican State’s low ranking is mostly because of its sales tax rank of 48th, which is below California and New York and only above Washington and Alabama. Louisiana also ranked 33rd in income tax ...
He would try to make up that revenue by reducing other tax breaks, extending part of the state sales tax and adding ... of insanity in the state of Louisiana is what we have done to address ...