Is the tax reform package passed by the legislature good or bad for Louisianians? It depends on who you ask. Starting on January 1st, Louisiana’s graduated individual income tax system, which has a tax rate of 4.25 percent, will go to a single three-percent rate.
To pay for the tax cut, the state’s sales tax will go from 4.45 percent to five percent.
Cut 10 (11) :”…up even higher”
That’s Jan Moeller of Invest Louisiana. On the other hand, Daniel Erspamer, the CEO of the Pelican Institute, calls the tax plan a big victory for taxpayers…
Cut 12 (14) “….here in Louisiana”
Louisiana Economic Development Secretary Susan Bourgeois says the Bayou State is now a more attractive state to do business.
LSU football won its first game in five weeks on Saturday. Andrew Greenstein has this report from Tiger Stadium.
Cut 3 (36) “…I’m Andrew Greenstein.”
According to the Louisiana Farm Bureau, a Thanksgiving dinner prepared inside your home with all the fixings will cost 45-dollars. Farm bureau spokesperson Avery Davidson says that’s 13 dollars cheaper than the national average….
Cut 6 (12) “…all come through”