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Landry addresses special session on tax reform, Democrats ‘apprehensive’ | Louisiana

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www.thecentersquare.com – By Nolan McKendry | The Center Square – 2024-11-06 17:24:00

SUMMARY: The Louisiana Legislature began reviewing significant tax reforms proposed by Gov. Jeff Landry, including a flat income tax, expanded sales taxes on goods and digital products, the repeal of the corporate franchise tax, and a reduction in corporate income tax. Some proposals will require public votes due to constitutional amendments. Landry criticized the outdated tax code for burdening residents and enabling special interest favoritism. The reforms aim to reduce the tax burden and stabilize state finances, which have been hit hard by fluctuating oil prices. Some lawmakers express concerns about the rushed process during the special session.

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News from the South - Louisiana News Feed

FOX 14 Your Morning News: Parties continue to fight for House control after 2024 Presidential Electi

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www.youtube.com – KTVE – 2024-11-11 09:17:38

SUMMARY: As election results come in, Republicans are close to regaining control of the House, needing just five more seats for a majority, which would enable them to advance their agenda alongside the White House. Current counts show Republicans with 213 seats and Democrats with 202. Democrats are analyzing their losses among key demographic groups, including young voters and minorities. Notably, Republicans flipped 10 counties in California by addressing concerns like homelessness and crime. Despite significant shifts in traditionally liberal states, it could take days to finalize results in battleground districts due to mail-in ballots.

FOX 14 Your Morning News: Parties continue to fight for House control after 2024 Presidential Election

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News from the South - Louisiana News Feed

The 9@9: Trump announces pick for ICE director; AI features come to Microsoft Paint

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www.youtube.com – KSAT 12 – 2024-11-11 09:15:01

SUMMARY: A Manhattan judge will rule tomorrow on Donald Trump’s request to dismiss a hush money verdict, citing presidential immunity. Trump, facing possible sentencing of up to four years, has hired former ICE director Tom Homan as Border Zar for deportations. He also seeks expedited Senate cabinet appointments. Meanwhile, Tuskegee University mourns a mass shooting that left one dead and 16 injured; classes are canceled. Wildfires rage in California, and a volunteer ranger died in New York. Qatar halts ceasefire mediation in Gaza, while NASCAR mourns Hall of Famer Bobby Allison. Bitcoin hits $80,000 amid Trump’s crypto endorsement and Microsoft updates MS Paint with AI features.

The 9@9 features some of the biggest stories making headlines at home, around the country and across the globe. Here’s what’s trending.

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Tax reform, other bills advance in first week of special session | Louisiana

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www.thecentersquare.com – By Nolan McKendry | The Center Square – 2024-11-11 08:40:00

SUMMARY: During Louisiana’s special legislative session, lawmakers advanced significant bills to reform the state’s tax code and juvenile prosecution laws, introducing a total of 31 bills. Governor Jeff Landry emphasized the importance of adopting his entire tax reform package, which includes a proposed flat 3% income tax rate and has seen support from both the House Ways and Means and Appropriations Committees. However, some legislators, including Rep. Mandie Landry, raised concerns about proposed expansions of taxed goods and services. Additionally, House Bill 7 seeks to amend the state constitution regarding tax exemptions while addressing teacher pay raises.

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