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Louisiana Tax Reform Faces Setback
Louisiana lawmakers debate a controversial tax reform plan that includes sales tax expansion and significant income and corporate tax cuts.
English
United States
PoliticsEconomyUs PoliticsGovernmentLegislationTaxes
Louisiana House Of RepresentativesThe Associated PressReport For AmericaTax FoundationInstitute On Taxation And Economic Policy
Jeff LandryJoe StagniJulie EmersonMark WrightR. Dewith Carrier
- What concerns have been raised about the expanded sales taxes?
- Some legislators are concerned about the potential for tax evasion and non-compliance with the expanded sales taxes on services. Representative R. Dewith Carrier noted his constituents may use cash transactions to avoid the new taxes.
- What are the main goals of Governor Landry's tax reform proposal?
- The proposed tax reform aims to make Louisiana more competitive economically by reducing income and corporate taxes. However, the plan includes expanding sales taxes on numerous services, which has caused divisions among legislators and concerns about its regressiveness.
- What is the main issue delaying the Louisiana tax reform package?
- Louisiana lawmakers postponed a vote on a bill that would raise sales taxes on various services to offset proposed income and corporate tax cuts. The bill, part of Governor Jeff Landry's tax reform package, faced significant opposition due to concerns about its impact on small businesses and lower-income households.
- What is the current status of the bill expanding sales taxes on services?
- Governor Jeff Landry denies claims that there aren't enough votes to pass the bill, stating that the bill's success should be judged only after the entire process is complete. Meanwhile, Representative Joe Stagni expresses doubts about the bill's future.
- What other tax-related bills have recently passed in the Louisiana House?
- The House passed bills to reduce corporate income tax, add taxes on digital goods, and eliminate the corporate franchise tax. These actions reflect the broader tax reform efforts underway but leave significant questions on the efficacy of the proposed changes.