Business groups are hailing the tax reform package passed last week. Will Green, the president and CEO of the Louisiana Association of Business and Industry, says thanks to the reform, Louisiana’s corporate income tax rate is lower than those in neighboring states.
Governor Landry says Louisiana is made more competitive and can attract more jobs and higher wages because of the reforms including the elimination of the corporate franchise tax on businesses. He believes this special session fulfills a campaign promise of growing Louisiana’s economy…
Cut 11 (14) “…Louisiana home.”
Two bills have been approved by the Louisiana Legislature to make temporary pay raises for public K-12 teachers and support staff permanent, pending voter approval of a constitutional amendment in March.
Cut 2 (32) “…I’m Sean Richardson.”
Louisianans are spending less than other state residents for their Thanksgiving dinner this year. A classic turkey dinner with vegetables, sweet potatoes, and pumpkin pie costs just under 46 dollars compared to the cost for the rest of the country at just over 58 dollars. The American Farm Bureau reports Grocery prices have dropped for the second year in a row, but they are still historically high.