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Louisiana's new tax recommendations look a lot like previous tax recommendations

Source: nola.com - Nov 3, 2016

fter six months of meetings and a few delays, a state task force made up of economists and budget experts released its much-anticipated recommendations for stabilizing Louisiana's finances Wednesday (Nov. 2). But the concepts aren't exactly new.

"There are no surprises," said Gov. John Bel Edwards when asked about the task force report in an interview Wednesday morning (Nov. 2).

The task force has returned to several concepts and ideas floated previously with little success in the Louisiana Legislature. It suggests eliminating the state federal tax deduction for income taxes or restricting federal itemized deductions on income tax payments.

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Category: Louisiana