Published: Novemeber 25, 2024
By: Quinn Marceaux and Grace Thompson, LSU Manship School News Service
BATON ROUGE, LA — 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%.
The tax package, passed Friday with the required two-thirds votes in both chambers, received bipartisan support by aligning Louisiana’s taxes with successful neighboring states. The bills now go to the governor for his signature. The action Friday closed a special session of the Legislature that opened on Nov. 6.
Read more at WWNO.
LSU Manship School Statehouse Bureau 
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