Could Louisiana eliminate income tax?

Could Louisiana eliminate income tax?
Income Tax by Alan Cleaver is licensed under Flickr Flickr
Louisiana’s House Ways and Means Committee will soon be studying the state’s tax structure with the possibility of eliminating the state’s income tax.

Representative Richard Nelson, a Republican from Mandeville, has asked the committee to make recommendations concerning eliminating individuals and corporate income tax.

What does that mean for you?

The Louisiana Department of Revenue has tax brackets from 1.85% for couples who make under $25,000 a year, up to 4.25% for those who make over $100,000.
Income Tax by Alan Cleaver is licensed under Flickr Flickr

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