After the final gavel in the special session on tax reform, members of the GOP met in the rotunda this afternoon to celebrate what they call the biggest investment in Louisiana history.
Louisiana’s GOP-dominated legislature passed tax cuts on personal and corporate income on Friday in exchange for a statewide ...
Louisiana also ranked 33rd in income tax and 29th in corporate tax. The corporate tax is actually up two in the rankings from 31st in 2024 due to the Legislature eliminating the state’s throw ...
BATON ROUGE, La. (AP) — Louisiana lawmakers advanced bills to flatten the state's income tax rate and repeal the corporate franchise tax in a special legislative session focused on a sweeping ...
“This is an income tax cut for everyone in Louisiana,” said Rep. Julie Emerson, R-Carencro, who chairs the committee. “The overall goal is to stimulate the economy and broaden our tax bas ...
The flat tax proposal would eliminate Louisiana’s three graduated income tax brackets and replace them with a single flat rate of 3% on all income. It would also establish a much higher $12,500 ...
HB1 bill would provide income tax reduction for everyone across the ... be transparent when we’re talking about how families in Louisiana are actually going to benefit, how businesses in ...
Louisiana lawmakers began debating bills Thursday that would revamp the state's tax code by lowering income taxes for all workers while adding sales taxes to services not currently taxed and ...