income tax

The House Governmental Affairs Committee Thursday voted 10-6 along party lines for a bill that would to remove mandatory Diversity, Equity and Inclusion (DEI) courses for state employees and college students.

Rep. Julie Emerson proposed a bill that could lead to a further cut in state income tax rates.

A group of Louisiana voters filed suit against Louisiana Secretary of State Nancy Landry on Monday, seeking to halt a vote on a state constitutional amendment scheduled for next month that would drastically change state tax law.

Reporter Brooke Thorington spoke with Louisiana Department of Revenue Secretary Richard Nelson to get some tips for staying on top of filing.

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.

The special session on tax reform is expected to wrap up Friday after lengthy negotiations over the last two weeks.

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.

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.

The House Ways and Means Committee took steps Sunday toward achieving the governor’s tax overhaul by advancing a bill to cut the corporate income tax rate, now one of the highest in the nation, in stages from 7.5% to 3.5%.

A House tax committee voted Thursday to advance Gov. Jeff Landry’s proposal for a flat 3% personal income tax rate.