Louisiana Governor Seeks to Eliminate Income Taxes, Increase Sales Tax
- Jan 11, 2013 | Gail Cole
Louisiana Governor Bobby Jindal (R) would like to eliminate the state's income and corporate taxes and increase the state sales tax. The changes would be part of a broad tax reform plan designed to attract business to the state and "put more money back into the pockets of Louisiana families." (The Huffington Post).
Details have not yet been released by the governor's office, but some who have followed Gov. Jindal's career aren't worried about that: "Visionary competence is his calling card. The details will come." (townhill.com).
In a statement released by his office earlier this week, Governor Jindal said "It's time to change so that people can keep more of their own money and foster an environment where businesses want to invest and created good-paying jobs." He plans to "keep sales taxes 'as low and flat as possible.'" (nola.com).
Lawmakers will meet with the governor in the coming weeks to discuss the tax reform plan.