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  2. Louisiana tax reforms need only Landry's signature to ... - AOL

    www.aol.com/louisiana-tax-reforms-only-landrys...

    For businesses, the corporate income tax rate will drop from 7.5% to a flat 5.5%, and the state franchise tax will be eliminated entirely. Originally, Landry's plan proposed a rate of 3.5%.

  3. Louisiana lawmakers pass income and corporate tax cuts ... - AOL

    www.aol.com/louisiana-lawmakers-pass-income...

    The state’s new corporate income tax rate will be a flat 5.5%, reducing the highest tier from 7.5%. ... Louisiana's corporate income tax rate had been the highest in the South according to the ...

  4. Louisiana would lower income tax rates for all under plan ...

    www.aol.com/louisiana-lower-income-tax-rates...

    Louisiana Governor Jeff Landry said his plan to revamp tax code and lower income tax rates will 'catapult' state to prosperity, population growth.

  5. State tax levels in the United States - Wikipedia

    en.wikipedia.org/wiki/State_tax_levels_in_the...

    Median household income and taxes State Tax Burdens 2022 % of income. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly. This table ...

  6. State Income Tax Rates for 2023-2024 - AOL

    www.aol.com/state-income-tax-rates-2023...

    State. Tax Rate Range. Income Range for Tax Brackets. Alabama. 3 Brackets: 2% to 5%. $500 to $3,001. Arkansas. 5 Brackets: 2% to 4.9%. $5,100 to $87,000. California

  7. State income tax - Wikipedia

    en.wikipedia.org/wiki/State_income_tax

    State Tax Burdens 2022 % of income. State tax rules vary widely. The tax rate may be fixed for all income levels and taxpayers of a certain type, or it may be graduated. Tax rates may differ for individuals and corporations. Most states conform to federal rules for determining: gross income, timing of recognition of income and deductions,

  8. Louisiana House committee advances Gov. Jeff Landry's 3% ...

    www.aol.com/louisiana-house-committee-advances...

    BATON ROUGE — A House tax committee voted Thursday to advance Gov. Jeff Landry’s proposal for a flat 3% personal income tax rate. If approved by the full House and Senate, the plan would ...

  9. Louisiana - Wikipedia

    en.wikipedia.org/wiki/Louisiana

    In July 2017, the state's unemployment rate was 5.3%; [220] it decreased to 4.4% in 2019. [221] Louisiana has three personal income tax brackets, ranging from 2% to 6%. The state sales tax rate is 4.45%, and parishes can levy additional sales tax on top of this.

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