Posted: Mar 4, 2013 6:35 PM by Mike Steele
Updated: Mar 4, 2013 6:35 PM
BATON ROUGE- Council for a Better Louisiana President Barry Erwin says Louisiana's tax structure needs to be improved. He told the Baton Rouge Press Club that any plans to elminiate state income tax will likely be permanent.
Erwin says Louisiana's tax structure is complicated. That makes Louisiana's business climate ranking much lower than it should be. Erwin says the state's income tax burden is better than Texas in almost every important category, but the complications make CEO's have worse perception of Louisiana.
Governor Bobby Jindal has not released details of his tax reform plan. It is expected to include the elimination of corporate and personal income tax and an increase in sales tax. The session begins next month.