Senators blast business for seeking to protect tax breaks
BATON ROUGE - Senators grilled business lobbyists on the second-to-last day of the special legislative session, saying companies aren't doing their fair share to help close Louisiana's budget gap.
Lobbyists for the oil and gas industry, chemical plants and other companies urged the Senate tax committee Tuesday against shrinking sales tax breaks they receive.
That prompted a blistering rebuke from several members of the committee who said businesses are pushing higher sales taxes on consumers to try to protect their favored tax breaks.
Stephen Waguespack, president of the Louisiana Association of Business and Industry, said the business economy was fragile and the tax changes under consideration could harm companies.
Despite the business concerns, the committee without objection boosted the bill's hit to business and then passed it to the full Senate for consideration.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Coast Guard rescues 7 people, dog from burning boat in gulf
False River shut down Saturday after deadly boating accident; person still missing
Video shows aftermath of triple shooting in Ascension
Deputies searching False River
Victim's family frustrated by three-year delay in latest sex crime accusation involving...
Southern baseball wins game one 21-2 over Alcorn
VIDEO: Former Saints and Tiger Devery Henderson talks about the difference between...
New NCAA rules tweak opens door for more SEC dominance
VIDEO: Devery Henderson Talk about Bluegrass Miracle and the Saints "Rebirth game"
VIDEO: Former Tigers and Saints receiver Devery Henderson talks with Corey Rholdon...