Louisiana Governor Proposes Tax Cuts, Elimination of Deductions

first_imgIn his opening remarks for the 2018 Second Special Session, Louisiana Governor John Bel Edwards proposed the following tax changes:– cutting the current sales tax rate;– reducing the number of sales tax exemptions, but keeping exemptions for groceries, pharmaceuticals and utilities;– eliminating the personal income tax deduction for state taxes paid; and– removing the expiration date for reduced tax credits, deductions, and rebates.2018 Second Special Session Remarks, Office of Louisiana Gov. John Bel Edwards, May 22, 2018Login to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative.last_img

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