LRN PM Newscall November 27

It’s the busiest travel day of the year. Our own Andrew Greenstein is at Louis Armstrong International Airport in New Orleans…

Cut 1 (27) “…I’m Andrew Greenstein.”

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Small businesses support what lawmakers did in the tax reform special session.  Sean Richardson has more.

Cut 2 (30) “…I’m Sean Richardson.”

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It’s warm today, but a cold front will move through the state during the overnight hours and into tomorrow morning, bringing fall like weather to the Bayou State. LSU Public Health Climatologist Barry Keim says the front will also bring us a little bit of rain, but the chilly temperatures through the weekend and into early next week is the big story

Cut 3 (09) “…cooler temperatures.”

Keim says if your Thanksgiving includes outdoor plans, make sure you dress appropriately…

Cut 4 (10) “…mild day.”

There are quarterfinal high school football games on Friday night and three outdoor college football games in the state on Saturday. Keim says you don’t have to worry about rain, but dress warm…

Cut 5 (09) “…out there.”

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This holiday season, many Americans are tightening their budgets as they face lingering inflation and elevated costs for goods compared to pre-pandemic levels.  Bankrate Analyst Ted Rossman says despite higher costs this weekend will see a lot of shoppers.

Cut 6 (15) “…it is still growth.”

In 2023, 54-percent of U.S. adults made at least one impulse purchase during the holidays.  Rossman says it’s an important weekend for retailers around the country this year too.

Cut 7 (08) “…Small Business Saturday.”

Rossman says one surprise was younger generations, particularly Gen Z and Millennials compared to older shoppers and where they are shopping.

Cut 8 (13) “…40% of Boomers.”

Cyber Monday is expected to be the most popular Thanksgiving weekend shopping event.

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The National Federation of Independent Business says the legislation approved in the tax reform special session will help small businesses drive economic growth and create jobs. NFIB State Director Leah Long says Governor Jeff and legislative leaders passed tax reforms that provide critical support to small businesses….

Cut 9 (09)  “…here in Louisiana.”

Long says a flat 3% individual income tax rate, a flat 5.5 percent corporate income tax rate and the elimination of the franchise tax will help small businesses.

Cut 10 (10) “…file that way.”

Key provisions preserved include the inventory tax credit for unincorporated businesses ensuring cash flow, and vendor compensation for timely sales tax payments, capped at $750 per month. Long says small business owners are grateful the Legislature chose not expand sales on services that are currently not taxed.

Cut 11 (11) “…economy with inflation.”

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If you’re flying today, you’re by no means alone. Today is the busiest travel day of the year. As such, it may be a little wait to get through TSA screening. At Louis Armstrong International Airport in New Orleans, this woman said the airport has greatly improved the screening process.

Cut 12 (06) “…this time.”

This man said getting through security was pretty easy, but it was something else that he says needs a little better organization.

Cut 13 (06)  “…rental cars.”