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Republican Gov. Jeff Landry got the Louisiana Legislature to back his bet of lowering individual and corporate income taxes to stimulate growth in the state.
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The special session on tax reform is expected to wrap up Friday after lengthy negotiations over the last two weeks.
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The goal of the session is to lower personal and corporate income tax rates and make Louisiana a more attractive place to live and do business. But the decrease in revenue for the state budget means sales taxes on more goods and services must be implemented and or raised.
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Lawmakers adjourned early Monday after they failed to reach a consensus on what should be taxed, as Gov. Jeff Landry attempts to overhaul the state’s tax code.
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‘Hollywood South’ faces uncertain future under proposed tax revamp.
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Economist Loren Scott talks with us about his report showing a low return on investment for the state from the film industry tax incentives. He also talks…
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Patrick Mulhearn, Executive Director of Celtic Studios, talks with us about the state of the film industry in Louisiana amid a host of budget cuts.Also on…
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“I think everybody wants to keep movies in Louisiana, just at a lower cost,” says frequent critic of the film incentive program, Louisiana Budget Project…
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How did Louisiana’s movie industry grow so big, and then fall off the map? “The problem with the Louisiana program has always been a case of Hollywood…
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Just 3 years ago, Louisiana was crowned “the filmmaking capital of the world”, with more movies originating here than anywhere else. For the past year,…