Louisiana Tax Rates & Rankings | Tax Foundation
Louisiana has a graduated state individual income tax, with rates ranging from 1.85 percent to 4.25 percent. Louisiana has a 5.5 percent corporate income tax rate. Louisiana also has a 4.45 percent state sales tax rate and an average combined state and …
Louisiana Tax Reform 2024: Details & Analysis - Tax Foundation
Dec 9, 2024 · Louisiana will soon join the flat tax revolution with a single-rate income tax structure. Explore recent Louisiana tax reform changes.
Louisiana Aims at Comprehensive Tax Reform - Tax Foundation
Apr 28, 2021 · Explore the latest Louisiana tax reform proposals, including changes to the state's individual income taxes, corporate taxes, property taxes, and more.
Louisiana lawmakers embraced much of the tax rewrite package sought by Gov. Jeff Landry in the just-ended special session, agreeing to lower and flatten income tax rates in exchange for new sales tax charges.
Analysts weigh in on Louisiana’s proposed tax reform plan
Nov 26, 2024 · NEW ORLEANS (WVUE) - Louisiana’s legislature approved a massive tax reform package last week, a big step for a state ranked among the worst in the country for its tax code and rate. The nonprofit...
New Louisiana Income Tax Rate: What It Means for You - Kiplinger
Nov 25, 2024 · Louisiana has just revamped its tax system and the changes that kick in next year could significantly impact residents' wallets. Led by Gov. Jeff Landry, this comprehensive …
This is the Year to Fix Louisiana’s Tax Structure - Council for A ...
Feb 19, 2021 · The Tax Foundation, an independent national tax policy organization, recently released a new report on individual income taxes. Its study found that Louisiana’s top income tax rate is higher than what you see in most of the southern and regional states we …
Louisiana flat tax bill clears first hurdle alongside franchise tax ...
Nov 7, 2024 · The flat tax proposal would eliminate Louisiana’s three graduated income tax brackets and replace them with a single flat rate of 3% on all income. It would also establish a much higher $12,500 standard deduction per filer, up from $4,500.
Tax Foundation applauds changes made to the state’s tax code
Dec 1, 2024 · The nonprofit Tax Foundation says changes made to improve Louisiana’s tax code by lawmakers during the special session will move the Bayou State out of the bottom in their rankings for tax codes.
2021 Louisiana Tax Plan: Details & Analysis | Tax Foundation
Learn more about the 2021 Louisiana tax plan, including how it would affect tax complexity and tax burdens. See more on the 2021 Louisiana tax reform plan.