News / Article

La. politics: Refinery tax being 'vetted'

Source: dailycomet.com/news/20161219/la-politics-refinery-tax-being-vetted - Dec 21, 2016

With some lawmakers already getting cold feet over the idea of a personal income tax change in 2017, a small circle of political players are starting to look at a concept that is being described as a refinery tax.

It's relatively new to ongoing tax conversations, but sources with the Edwards Administration say the Revenue Department is "vetting the idea" while not actually taking a firm stance on it.

One of the working concepts involves a swap for the elimination or reduction of the severance tax.

CLICK SOURCE ABOVE TO READ ENTIRE ARTICLE

Category: General Business