LEGISLATURE PASSES LANDRY’S FLAT INCOME TAX AND CORPORATE TAX CUT

Published: November 22, 2024

By: Quinn Marceaux and Grace Thompson, LSU Manship School News Service

BATON ROUGE — Republican Gov. Jeff Landry got the Louisiana Legislature to back his bet of lowering individual and corporate income taxes to stimulate growth in the state. 

The Legislature adopted a 3% flat tax for individuals, trimmed corporate taxes and will make up some of the lost revenue by temporarily extending and increasing to 5% the state sales tax. Louisiana will now have the highest combined local and state sales tax in the nation at 10.6%.

Read more at St. Mary Now.