80°
Baton Rouge, Louisiana
7 Day Forecast
Follow our weather team on social media

Tax law rewrite proposals released to Louisiana lawmakers

8 months 3 weeks 3 days ago Wednesday, November 02 2016 Nov 2, 2016 November 02, 2016 8:58 PM November 02, 2016 in News
Source: Associated Press

BATON ROUGE - Louisiana's lawmakers are being urged to make sweeping changes to the state's sales tax, personal income tax and property tax policies.
    
The effort is aimed at stabilizing state government finances and ending its boom-and-bust budgeting cycles.
    
A study group created by lawmakers to recommend a tax revamp for consideration in the 2017 legislative session released its proposals Wednesday, after months of work.
    
The recommendations would lower tax rates, broaden where taxes are charged and lessen the state's system of complicated tax breaks.
    
Among the proposals, the task force suggests ending the 1 percent state sales tax hike temporarily enacted by lawmakers this year. To make up for lost revenue, the group recommends charging sales tax on more items and services, like cable television, business utilities and security services.

More News

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
Radar
7 Days