Louisiana Congressman Garret Graves is hailing the overwhelming House passage of the Social Security Fairness Act. The two provisions had the effect of reducing Social Security benefits for people who worked in the public sector, such as teachers, police officers and firefighters. Graves and co-sponsor Abigail Spanberger, a Democrat from Virginia, filed a discharge petition to force a vote, and a strong majority signed on to it.
Optimism among small businesses in Louisiana is up – but so is uncertainty. Leah Long, the state director of the National Federation of Independent Businesses, says while this year’s holiday shopping season will be of the shortest possible length, when defined as between Black Friday and Christmas Eve, it’s a season that small businesses are looking towards for strong sales.
Denham Springs Representative Roger Wilder has decided not to move forward with a bill that would dramatically increase the tax rate for online sports betting, from 15% to 51%. Wilder filed the bill to boost state revenue by an estimated $150 million dollars a year to help offset legislation to reduce income tax rates for both individuals and corporations. Pineville Representative Mike Johnson supported the higher tax on sports wagering…
Cut 6 (14) “…take care of the kids.”
Caesars New Orleans General Manager Samir Mowad says the tax increase is being done in bad faith with expectations being set for when casinos initially invested in Louisiana…