Despite having the second lowest statewide sales tax rate in the U.S., a new study shows that Louisiana's combined state and local sales taxes are third highest in the nation, at 8.84 percent.
A Tax Plan for Our Brighter Future paper-digital In Louisiana’s Comeback: A Tax Reform for Our Brighter Future, the Pelican Institute identifies the state’s significant tax problems and proposes a path to set the state in a brighter direction, including flattening the personal and corporate income taxes to 3.5% rates, reducing the number of tax preferences, eliminating...