House committee hears tax shift initiative details - KPLC 7 News, Lake Charles, Louisiana

House committee hears tax shift initiative details

Louisiana House Ways and Means Committee Louisiana House Ways and Means Committee
BATON ROUGE, LA (WAFB) -

The Louisiana House Ways and Means Committee is one of the first bodies that will hear details about the proposed tax shift initiative slated for the upcoming legislative session.

Members received three draft versions of a plan endorsed by Gov. Bobby Jindal to do away with the state's personal and corporate income taxes. The plan calls for an increase in sales taxes and the addition of other service taxes to make up the difference.

Louisiana Department of Revenue officials discussed Tuesday morning, among other advantages, the attraction of no personal income taxes.

"If you're trying to recruit an individual per se...and you're competing against Texas, where they are not subject to income tax, and Louisiana, you are at somewhat of a disadvantage and we hope to narrow that gap," said Jason Decuir with LDR.

The plan also includes the Louisiana Family Assistance Rebate Program that reportedly will compensate people who make less than $15,000 a year. This plan rebates those families the additional sales taxes they will pay with the new plan.

Copyright 2013 WAFB. All rights reserved.

  • More Local NewsNewsMore>>

  • BREAKING

    CAT team conducts operation near Kingsley and Elaine streets

    CAT team conducts operation near Kingsley and Elaine streets

    Thursday, October 19 2017 11:27 AM EDT2017-10-19 15:27:32 GMT
    (Source: Antoine Aaron / KPLC)(Source: Antoine Aaron / KPLC)

    Viewers in the area of Kingsley and Elaine streets reported heavy police presence and helicopters in the area. Lake Charles Police Department Deputy Chief Mark Kraus says that the Combined Anti-Drug Task Force (CAT Team) is conducting an operation in the area. He says the area is safe. Copyright 2017 KPLC. All rights reserved.

    More >>

    Viewers in the area of Kingsley and Elaine streets reported heavy police presence and helicopters in the area. Lake Charles Police Department Deputy Chief Mark Kraus says that the Combined Anti-Drug Task Force (CAT Team) is conducting an operation in the area. He says the area is safe. Copyright 2017 KPLC. All rights reserved.

    More >>
  • SWLA Halloween, Harvest events

    SWLA Halloween, Harvest events

    Thursday, October 19 2017 9:32 AM EDT2017-10-19 13:32:35 GMT
    (Source: KPLC)(Source: KPLC)

    The following is a list of Southwest Louisiana Halloween and Harvest events: 

    More >>

    The following is a list of Southwest Louisiana Halloween and Harvest events: 

    More >>
  • VA Outpatient Clinic grand opening slated for Friday

    VA Outpatient Clinic grand opening slated for Friday

    Thursday, October 19 2017 5:11 AM EDT2017-10-19 09:11:48 GMT
    (Source: KPLC)(Source: KPLC)

    The Lake Charles Veterans Affairs Community Outpatient Clinic is finally here. 

    More >>

    The Lake Charles Veterans Affairs Community Outpatient Clinic is finally here. 

    More >>
Powered by Frankly