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Content Tagged As taxes_

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  • Christie says Trump a 'genius' if avoiding taxes

    October 2, 2016 3:14 PM

    WASHINGTON - Chris Christie says a new report showing Donald Trump's business losses in 1995 may have allowed him to avoid paying federal income taxes for years is a "very good story" for Trump." The New Jersey governor said on "Fox News Sunday" that the New York Times story showcases... more »
  • House, Senate disagreement over budget bill ends Play Video

    June 16, 2016 7:39 PM

    BATON ROUGE - House and Senate leaders have reached a deal on how to handle the budget bill to spend the tax dollars raised during the special legislative session. After a Thursday meeting, House leaders agreed to stop stalling the bill and are scheduling it for a Monday hearing. House... more »
  • Ag department in line for portion of medical marijuana sales

    June 3, 2016 2:39 PM

    BATON ROUGE - Louisiana's agriculture department will get a slice of revenue from medical marijuana sales, if the governor agrees. With a 91-4 vote Friday, lawmakers in the House gave final passage to the measure giving the department up to 7 percent of the revenue, to cover agency costs of... more »
  • New taxes go in effect on April 1st; that's no joke Play Video

    March 31, 2016 6:07 PM

    BATON ROUGE - Smokers, drinkers, car renters and every shopper around Louisiana will be paying more for their purchases starting today. In addition to tax increases on cigarettes, alcohol and car rentals, a one percent increase in the state sales tax kicks in Friday. According to the Tax... more »
  • Louisiana budget shortfall could still top $50 million

    March 10, 2016 5:06 PM

    BATON ROUGE - Tax bills were rushed through in such frenzy in the final minutes of the special legislative session that the governor, lawmakers and their financial advisers were still trying Thursday to sift through the implications. This year's budget could be out of balance anywhere from $30 million... more »
  • Louisiana House supports alcohol tax increase for budget

    March 6, 2016 8:22 PM

    BATON ROUGE - The Louisiana House has agreed to raise alcohol taxes to help bail out the state budget. The alcohol tax hike fell short last week of the 70 votes needed. But after two days of negotiations, several lawmakers changed their minds Sunday and the bill was advanced to... more »
  • Parents plead for taxes to pay for their children's services Play Video

    March 2, 2016 3:11 PM

    BATON ROUGE - Senators weighing deep cuts to state services were wiping away tears as parents pleaded for them to pass tax hikes to protect programs that help them care for their children. Health care services that serve thousands with developmental disabilities are threatened as lawmakers decide how to close... more »
  • Louisiana hit with credit rating downgrade, blow to state

    February 25, 2016 5:41 PM

    BATON ROUGE - Louisiana's credit rating has been downgraded, after years of budget instability that leave public colleges and government services wallowing in repeated financial uncertainty. The decision by Moody's Investors Service to drop the state's credit rating Thursday is another blow to a state teetering on the edge... more »
  • House lawmakers begin talking specific tax hikes

    February 17, 2016 3:47 PM

    BATON ROUGE - Lawmakers in the House have started sifting through Gov. John Bel Edwards' tax proposals for the special legislative session. The Ways and Means Committee started hearings Wednesday on individual tax bills, but took no votes. Committee Chairman Neil Abramson, a New Orleans Democrat, says lawmakers want to... more »
  • Top Republicans stay quiet on release of their tax returns

    February 12, 2016 3:11 PM

    WASHINGTON - Republican presidential candidates Donald Trump, Ted Cruz and Marco Rubio have failed to release their tax returns despite promises to do. Mitt Romney offered Republican presidential candidates this advice about a hard-won lesson: Release your tax returns before the primaries and avoid tough scrutiny later. But the top... more »
  • Metro councilman shocked many people still go to the library Play Video

    January 27, 2016 11:00 PM

    BATON ROUGE - A simple item on Wednesday's Metro Council agenda about leasing space for a temporary downtown library turned into a bizarre discussion about how many people visit libraries and the economic differences between people on either side of town. The library board wants to spend $14,583.33 a... more »
  • Hello? 8M phone calls unanswered as IRS cut taxpayer service

    April 22, 2015 11:18 AM

    WASHINGTON - The IRS' overloaded phone system hung up on more than 8 million taxpayers this filing season as the agency cut millions of dollars from taxpayer services. For those who weren't disconnected, only 40 percent actually got through to a person. Many of those people had to wait on... more »
  • Livingston voters to decide on library tax

    September 21, 2013 11:10 AM

    LIVINGSTON, La. (AP) - Voters in Livingston Parish will be asked to renew a property tax dedicated to the parish library system in a ballot measure set for April 2014. Bond attorney Jim Ryan told the Parish Council that the 10-mill property tax would be renewed for 10 years if... more »

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