Tag: State Tax Notes

By David Brunori David BrunoriContribuing EditorState Tax Notes Louisiana Gov. Bobby Jindal (R) has made the most provocative tax reform recommendation in many years. Jindal said he would overhaul the tax law. If he has his way, he’ll revolutionize it. The governor proposes to eliminate both the personal and corporate income laws in Louisiana. Why eliminate all the income taxes in the state? Jindal thinks it would be a boon to the economy. If the state allows citizens to keep more money in their pockets, they will invest and spend wisely (certainly more wisely than the government). Jindal also believes the change will attract businesses. Businesses, too, would like to keep more money in their pockets. The Tax Foundation predicts… View Article

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