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Lawmakers shaved off 0.05% to bring the state’s proposed overall sales tax rate down to 4.40%. They also planned to repeal dozens of tax breaks, but would keep household groceries from being taxed.
BATON ROUGE, La. (AP) — Louisiana’s GOP-dominated legislature passed tax cuts on personal and corporate income on Friday in exchange for a statewide sales tax increase, giving Gov. Jeff Landry ...
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%.
In Season 2 of Designated Survivor a flu outbreak originates in South Carroll Parish. The television series Queen Sugar is set in St. Josephine Parish, which borders Orleans Parish and is where the titular family; the Bordelon's, reside. The 2006 sequel movie Road House 2 is set in the coastal Tyree Parish.
Because the rate of a sales tax does not change based on a person's income or wealth, sales taxes are generally considered regressive. However, it has been suggested that any regressive effect of a sales tax could be mitigated, e.g., by excluding rent, or by exempting "necessary" items, such as food, clothing and medicines. [21]
The sales tax rate in Larimer County is roughly 7.5%. Most transactions in Denver and the surrounding area are taxed at a total of about 8%. The sales tax rate for non food items in Denver is 7.62%. Food and beverage items total 8.00%, and rental cars total 11.25%. [74]
Louisiana has a temporary sales tax set to expire in 2025 unless lawmakers and Governor Jeff Landry seek to extend it. Louisiana residents are paying the highest sales tax rate in the United ...
Louisiana Governor Jeff Landry has called a Special Session on November 6 to overhaul the state's tax system including income and sales tax rates.