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Louisiana governor, lawmakers targeting tax breaks for cuts

Source: sfgate.com - Apr 1, 2017

ATON ROUGE, La. (AP) — Hundreds of millions of dollars Louisiana doles out in tax breaks each year are squarely in lawmakers' crosshairs as they consider rewriting the state's tax laws.

New Orleans Sen. J.P. Morrell, chairman of the Senate Revenue and Fiscal Affairs Committee, spent dozens of hours last year holding hearings that examined every tax break on the books. Now he's trying to get rid of some of them, saying Louisiana might have been able to afford them once, but not anymore.

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Category: General Business