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how rather than the how much. If enacted separately, each of the proposed major changes would raise that overall score to 40th, getting Louisiana (barely) out of the bottom 10. If all the proposed changes were implemented, Louisiana would improve to 34th. The proposed changes are: Lowering individual income tax rates; Establishing a flat corporate income tax of 6 percent; Repealing the corporation franchise tax; Eliminating inventory from the property tax base; and Centralizing sales tax collections Louisiana lawmakers will be considering a range of tax reform bills, but the primary effort has been spearheaded by Sen. Brett Allain (R) and Rep. Stuart Bishop (R), who have been facilitating discussions about improving the state tax code and gathering support for their policy priorities. The plan in question aims for revenue-neutral changes that will still improve the state’s competitiveness. Because there are a lot of moving parts to fiscal leadership’s plan, it is worth ou

New yorkUnited statesStuart bishopBrett allainTax administration study groupTax commissionCorporation franchise taxSupplemental revenue sharing fundPelican stateState business tax climate indexCentralized salesUse tax administration study groupLocal streamlined salesUse tax commissionNeil riserபுதியது யார்க்