|Posted on 8/17/2017 11:15:00 AM.|
Budget talks are ongoing among legislative and business leaders in the state. Governor John Bel Edwards has met with business owners around the state, as well as House Speaker Taylor Barras, to find a way to fill a $1.1 billion budget gap when temporary taxes expire next year. He called yesterday’s meeting with Barras a good, frank exchange.
|John Bel Edwards, Taylor Barras, fiscal cliff, budget, taxes|
|Posted on 8/10/2017 2:35:00 AM.|
State officials are starting the conversation about how to address the looming fiscal cliff in 2018 when more than a billion dollars in temporary taxes expire. Commissioner of Administration Jay Dardenne has been spreading the word at meetings around the state to bring the issue to the public’s attention. He says lawmakers are facing some stark options.
|Jay Dardenne, fiscal cliff, taxes, budget, |
|Posted on 8/8/2017 4:02:00 AM.|
Today Governor John Bel Edwards is holding a meeting with business and industry leaders to devise a plan for addressing a looming $1.3 billion fiscal cliff when temporary taxes expire in 2018. Jeremy Alford of LaPolitics.com says the governor is looking to hear from the business community on what types of policy changes may be palatable, specifically tax increases.
|Jeremy Alford, fiscal cliff, special session, taxes, |
|Posted on 8/3/2017 11:50:00 AM.|
Parents stocking up on back-to-school supplies can save a few dollars this weekend during the annual sales tax holiday. Byron Henderson with the state Department of Revenue says most purchases are only subject to three percent of the state sales tax this Friday and Saturday. He says that’s a significant savings over the usual five percent rate.
|Byron Henderson, Department of Revenue, sales tax holiday, taxes|
|Posted on 6/13/2017 4:52:00 AM.|
Baton Rouge Congressman Garret Graves files legislation aimed at providing financial relief to 2016 flood victims. Graves says even after Congress appropriated billions of dollars for flood recovery, there are thousands and thousands of flood victims who are far from whole following the floods.
|Garret Graves, flood victims, flood recovery, taxes|
|Posted on 5/12/2017 5:56:00 AM.|
Raising taxes is not popular among voters, according to a survey from Southern Media and Opinion Research. Lawmakers have proposed increasing taxes on everything from a pack of cigarettes to a gallon of gasoline to close a looming budget hole. Pollster Bernie Pinsonat says two-thirds of voters say they do not want their legislator to raise the state’s gas tax.
|Bernie Pinsonat, Southern Media and Opinion Research, taxes, poll|
|Posted on 4/25/2017 5:09:00 PM.|
Governor John Bel Edwards remains hopeful lawmakers can pass a budget plan to address the loss of $1.3 billion in temporary taxes that expire next year. Edwards spoke with reporters shortly after his proposed tax on business sales was tabled for the legislative session. Edwards says there are still multiple tax bills waiting to be discussed.
|John Bel Edwards, Lance Harris, taxes, fiscal session|
|Posted on 4/21/2017 11:48:00 AM.|
A group opposing Governor John Bel Edwards tax plan has paid for a poll that shows a majority of Louisiana residents are concerned about the economy and oppose higher taxes on businesses.
|Kelli Bottgher, Truth In Politics, survey, taxes, jobs, economy|
|Posted on 4/18/2017 7:41:00 AM.|
The House Ways and Means continues its review of the various bills to change Louisiana’s tax structure in an effort to provide more budget stability. Today the panel looks at sales taxes. Houma Representative Tanner Magee has a proposal to lower the state sales tax from five to two-percent, and remove the unnecessary exemptions when a sales tax is not collected.
|Tanner Magee, sales tax, legislative session, taxes|
|Posted on 4/18/2017 3:37:00 AM.|
As lawmakers look at structural tax reform, a big idea floating around the capitol involves eliminating unnecessary tax exemptions. A bill by New Orleans Senator JP Morrell that would do just that is heading to the Senate floor. The proposal would scrap the education tax credit that parents or guardians are able to claim.
|JP Morrell, taxes, tax credits, education, TOPS, |
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