Louisiana
Special session regarding tax reform Wednesday
BATON ROUGE, La. (WAFB) – Governor Jeff Landry and the state legislature held the special session regarding tax reform on Wednesday afternoon.
The focus of the special session is to restructure the outdated tax system and grow the economy. The goal is to move towards a flat income tax for individuals and businesses and expand state sales tax to more services and items.
The current structure has led to impending budget shortfalls, leading to cuts in other key areas like higher education and healthcare.
November 25 is the deadline to complete the proposed tax reforms with then some measures going to a vote of the people.
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