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(PDF Version) Louisiana’s discussion of tax reform has begun. The proposals on the table will generate the most significant fiscal policy debate in many years in Louisiana. The Governor is proposing a plan that contains several major features: the elimination of three types of taxes, including corporate and individual income taxes; an increase in the state […]
Louisiana provides one of the highest homestead property tax exemptions in the nation. Homeowners are exempt from paying most property taxes on the first $75,000 of their home value, keeping property taxes quite low compared to elsewhere. Yet, several constitutional amendments are being considered this legislative session that would increase the homestead exemption. The proposals […]