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Council for a Better Louisiana praises approved tax reform package

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Council for a Better Louisiana praises approved tax reform package


You can add the Council for a Better Louisiana to the groups hailing the tax reform package. CABL President Barry Erwin said the lowering of personal and corporate income taxes and the elimination of the franchise tax will make Louisiana a better place to live and to do business.

“All these things kind of help improve our competitiveness and I think send a message that Louisiana is trying to do some things that we can where we can to improve the environment for businesses and for people.”

Erwin said he hopes that the new tax structure will encourage people to consider moving to Louisiana.

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“We need to do some things that send messages about what we’re doing, how we’re trying to improve ourselves, how we’re trying to make life better in our state, and I think this is one thing that does it.”

Erwin, however, said it’s unfortunate that sales taxes, which are already among the highest in the nation, are increasing even further, with the state rate going up to five-percent as of January 1st.

“I think a lot of people feel more comfortable in some ways with a sales tax than an income tax, but I think we can’t lose track that the highest in the country is not a great place to be, and it hurts our poorest citizens the most.”

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Louisiana

License plate readers popping up at Mall of Louisiana

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License plate readers popping up at Mall of Louisiana


BATON ROUGE – Ahead of the holiday shopping season, new technology is being used at shopping centers across Baton Rouge to track and combat crime.

License plate readers have been popping up all around the city, along the interstate, and now at the Mall of Louisiana due to the Page-Rice public safety initiative. So far, more than 100 cameras and license plate readers have been installed.

Clay Young is with the Law Enforcement Criminal Justice Foundation (LECJF), a group partnering with law enforcement to put up the license plate readers. He says the cameras can be pricey, ranging from $2,800 to $5,000 depending on the type of tech, and it’s up to law enforcement to decide where the cameras are most effective and monitor them.

“Hopefully, nothing happens. But if something does, we want to expedite justice as fast as possible,” Young said.

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Earlier this year, law enforcement used license plate readers to track down the stolen car of a man who was murdered and dumped alongside a Tangipahoa Parish highway. TikTok personality Mr. Prada, whose legal name is Terryon Thomas, was identified as the person driving the car and he was arrested in the murder.

The cameras are also being used on the interstate to track shootings, where one has happened as recently as Sunday on Interstate 110.

“This time of the year, a lot of people are shopping, and kids are moving around,” Young said. “We just wanted to lend some assistance to law enforcement to make certain that they can keep eyes on everything.”



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Louisiana Christmas tree farm ready for holiday rush after drought recovery

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Louisiana Christmas tree farm ready for holiday rush after drought recovery


ETHEL—A Christmas tree farm in Ethel is ready for the holiday rush and happy to keep Christmas traditions alive for families across the state.

Lisa Brabham and her husband Ricky Peairs own Windy Hills Farm and have been growing trees since the 1990s. Last year’s historic lack of rain spooked the couple.

“We had such a serious drought. Some of the trees we lost. They died and some had damaged limbs. We still had plenty to sell, but we were worried about the impact on this year,” Brabham said. “We’ve had calls this year saying, ‘Hey, do y’all have trees this year? Do you have a good selection?’ And I think we do.”

The couple waited anxiously to see if those young trees would come back. As they get ready for the Christmas season to begin, Brabham says she’s pleased with how the farm held up.

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“We’ve had rain this year, so I would say the trees have recovered, so lots better than last year,” Brabham said.

Families can come to chop down their Christmas trees once again and carry on traditions.

“I remember going with the family to go get the tree. It’s a very good memory we have, and I think that’s what people are trying to do now is build memories and get traditions started,” Brabham said.

Windy Hills Farm will be open for business on Black Friday. 



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Louisiana Has a New Income Tax: What It Means for You

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Louisiana Has a New Income Tax: What It Means for You


Louisiana has just revamped its tax system and the changes that kick in next year could significantly impact residents’ wallets.

Led by Gov. Jeff Landry, this comprehensive reform is designed to simplify the state’s tax code and make Louisiana more competitive for businesses and families.

In an end-of-session address, Landry described the tax changes as historic, adding, “Today we have made generational change in this state. We now stand at the threshold of a new era for Louisiana.”

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Here’s more of what you need to know.

New Louisiana flat tax

At the heart of this Louisiana tax reform is a flat 3% income tax rate, which replaces a tiered system with often complicated calculations.

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This change could be welcome news for many residents.

  • For example, according to an analysis by RESET Louisiana, if you are a Louisiana resident earning between $30,000 and $40,000 a year, you could save around $330 on your state taxes.
  • If your income falls between $70,000 and $80,000, expect savings of about $550.
  • And for those making over $140,000? You might find an extra $1,000 in your pocket when it’s time to file your state return.

And there’s more. The state standard deduction has nearly tripled for individuals and doubled for older adults, meaning some households with low income may not have to pay state income tax.

  • Before the bill, Louisiana’s standard deduction was $4,500 for single filers and $9,000 for joint filers.
  • Next year, those amounts jump to $12,500 for single filers and those married filing separately.
  • For those married filing jointly, heads of households, and surviving spouses, the standard deduction rises to $25,000 in 2025.

Also, under the new tax reform bill, the retirement income exemption doubles from $6,000 to $12,000 and will be adjusted annually for inflation beginning in 2026.

As a result, more older adults in the state may be able to keep more of their retirement earnings tax-free.

However, remember that tax cuts like these come with a cost. This tax package offsets some of the cuts with increased state sales tax.

Louisiana sales tax hike

Louisiana will increase its state sales tax rate from 4.45% to 5% for five years beginning Jan. 1, 2025.

According to the Tax Foundation, that makes Louisiana’s combined state and local sales tax rate the highest in the nation. (In six years, 2030, the Louisiana state sales tax is scheduled to be reduced to 4.75%.)

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As Kiplinger has reported, higher sales taxes generally mean consumers pay more at checkout, potentially reducing disposable income and altering shopping habits.

Critics argue that this sales tax increase places a heavier burden on residents with lower incomes, who spend more of their income on taxable goods and services.

Louisiana corporate tax changes

Meanwhile, businesses weren’t left out of the Louisiana tax cut equation.

  • The corporate income tax rate is set to drop to a flat 5.5%, down from a steep 7.5%.
  • The corporate franchise tax has also been eliminated for businesses with revenues exceeding $500 million.

Those changes are designed to attract more companies to the Pelican State which some supporters say could lead to job creation and economic growth.

Louisiana income tax: What does this mean for you?

So, what does all this mean for Louisianans?

Potentially More Money in Your Pocket: With lower income taxes, some residents will enjoy increased take-home pay.

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Simplified Tax Filing: The flat rate means less time spent figuring out previously complicated state tax brackets.

Higher Prices Ahead: Due to the increased sales tax, prices on goods and services will be slightly higher.

And as Louisiana adapts, stay informed about how these tax changes could affect your finances and daily lives. If you’re unsure how a higher state standard deduction or flat state tax rate will impact your return, consult a trusted and qualified tax professional.

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