Connect with us

News from the South - Louisiana News Feed

Louisiana ranked 40th in annual State Tax Competitiveness Index | Louisiana

Published

on

www.thecentersquare.com – By Jacob Mathews | The Center Square – 2024-11-10 08:00:00

SUMMARY: The Tax Foundation’s 2025 state tax competitiveness index ranked Louisiana 40th, maintaining its position from the previous year with a slight score increase. Key contributors to this low ranking include a sales tax position of 48th, lower than states like California and New York. Louisiana ranks 33rd in income tax and improved to 29th in corporate tax after eliminating the throw-out rule. The state performs better in property tax and unemployment insurance tax, ranking 16th and 9th, respectively. The index suggests that while tax structures differ, states like Indiana and North Carolina offer successful models despite having all major taxes. Taxes, though not the sole factor, are significant for state competitiveness.

Read the full article

The post Louisiana ranked 40th in annual State Tax Competitiveness Index | Louisiana appeared first on www.thecentersquare.com

News from the South - Louisiana News Feed

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

Published

on

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

Source

Continue Reading

News from the South - Louisiana News Feed

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

Published

on

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.

Source

Continue Reading

News from the South - Louisiana News Feed

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

Published

on

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.

Read the full article

The post Tax reform, other bills advance in first week of special session | Louisiana appeared first on www.thecentersquare.com

Continue Reading

Trending