Louisiana is a hostile environment for businesses to grow. The best way to rectify that situation is to eliminate the personal income tax... In the last six years, while the state’s population has been stagnant,
Louisiana State Treasurer John Fleming, M.D., is recommending the repeal of personal income taxes in the state. Currently, the top personal income tax rate is 4.25 percent in Louisiana; however, other states such as Texas, Tennessee and Florida have completely repealed personal income taxes.According to Fleming, “Companies are leaving California and New York and moving South, but they ...
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