A House tax committee voted Thursday, Nov. 7, to advance Gov. Jeff Landry’s proposal for a flat 3% personal income tax rate.
If approved by the full House and Senate, the plan would eliminate the current income tax brackets and move the state closer to Landry’s ultimate goal of eliminating the income tax.
Thursday’s vote by the House Ways and Means Committee marked the first step in passing what is seen as Landry’s flagship portion of the tax plan introduced during his Wednesday speech at a special session of the Legislature.