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Edwards transition committee releases tax recommendations report

1 year 2 months 1 week ago January 15, 2016 Jan 15, 2016 Friday, January 15 2016 January 15, 2016 3:24 PM in News
Source: WBRZ
By: Brock Sues

BATON ROUGE - Governor John Bel Edward’s Transition Committee on Fiscal Matters released a report containing tax recommendations for the state going forward on Friday.

The transition committee spent three days putting together a plan that contains 10 guiding principles and provided options for the incoming administration to take into account. The report covers revenue-raising measures, both new and existing, and seeks to outline a plan for taxation as the Edwards administration takes over.

A range of revenue options are included in the report which range from the reduction of the state’s income-tax rates across the board to the establishment of a flat corporate tax rate.

You can read the full report on the Office of the Governor’s website.

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