La. Legislative Black Caucus offering alternative to Jindal's ta - KPLC 7 News, Lake Charles, Louisiana

Legislative Black Caucus offering alternative to Jindal's tax reform

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The Louisiana Legislative Black Caucus held a public forum in Lake Charles on Tuesday night to discuss their tax elimination idea. This idea will be brought up in the upcoming legislative session.

The LLBC is challenging Gov. Bobby Jindal's tax reform plan by offering an alternative plan that they say will provide a more uniformed ruling of taxes and a more uniformed filing system.

According to chairperson Katrina Jackson, the LLBC's plan would lower corporate income tax rates and personal tax rates. 

Jackson said in return, it will help make Louisiana a better place to live while keeping the budgets stable and bring more money into the budget.

Jackson said Jindal's plan is not revenue neutral. She said the state would lose between $540 million to $570 million in state dollars. 

"Everyone that's seen the plan, looked at the numbers, said this is not revenue neutral. It's going to put us in a horrible position. We are already in the deficit and this is going to place us in a bigger deficit which would mean more cuts to healthcare, and higher education and public education," Jackson said.

For more information on the Louisiana Legislative Black Caucus, visit their website by clicking here or reach them at 225-342-7342.

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