Page 2 - பொது வாழ்க்கைத்தொழில்கள் ஆராய்ச்சி சபை ஆஃப் லூசியானா News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Tax system revamp for Louisiana is in the works with one overall goal: lowering rates Mark Ballard Though facing a nearly $1 billion revenue shortfall, a number of state lawmakers are putting together legislation that would restructure how Louisiana taxes people and businesses with an overall goal of lowering rates on income taxes. Political leaders have been talking about the need for revamping the state s tax system for decades. But legislators some working independently, others working in a team say this year s efforts could succeed at changing the archaic structure of high initial rates but low collections because of myriad breaks and exemptions.

United statesBaton rougeRobert scottJerome zee zeringueJan mollerStuart bishopMark ballardJohn gallagherLouisiana municipal associationHouse appropriations committeePublic affairs research council of louisianaSenate revenue fiscal affairsHouse ways means committeeLouisiana legislatureLouisiana budget projectPublic affairs research council