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Capital News, News
House Advances LA Tax Overhaul
By Ella Ray & Grace Thompson LSU Manship School News Service 
November 27, 2024
Key provisions of the governor’s plan to cut personal income and corporate taxes passed the state House of Representatives last Tuesday.The House voted 87-12 to shift individual income tax rates to a flat 3% and 83-14 to eliminate the corporate franchise tax.These bills, which now move to the Senate...
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Capital News, News
House Approving Overhaul of State Taxes
By Avery Sams LSU Manship School News Service 
November 27, 2024
The House continued last Wednesday to revamp the state tax system, passing bills to cut business tax rates, eliminate credits for movie-making and historic preservation and, for the first time, tax personal use digital music, video games, audiobooks and moviesIf the Senate agrees with the proposals,...
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Capital News, News
New Tax Package Passed by Lawmakers
By Quinn Maceaux and Grace Thompson LSU Manship School News Service 
November 27, 2024
Louisiana Governor Jeff Landry got the Louisiana Legislature to back his bet of lowering individual and corporate income taxes to stimulate growth in the state.The Legislature adopted a 3% flat tax for individuals, trimmed corporate taxes and will make up some of the lost revenue by temporarily exte...
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