Louisiana lawmakers take first step toward path to eliminate income tax
Rep. Richard Nelson: 'We're a banana republic that's run out of bananas.'
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Rep. Richard Nelson: 'We're a banana republic that's run out of bananas.'
The state’s House Ways & Means Committee began to study the possibility of removing individual and corporate income taxes, which would require significant reworking of property, sales or other taxes to offset the loss in revenue.
The House Ways & Means Committee met Tuesday to begin study of a proposal to eliminate the Louisiana's individual and corporate income taxes.
Louisiana's tax code is the next item up for discussion in the legislature, and LaToya Cantrell refuses to pay New Orleans back.
Rep. Richard Nelson: 'We're a banana republic that's run out of bananas.'