News -> INDReporter FRI, JAN 18 10:26AM by The Associated Press

Tax break recommendations expected in March

BATON ROUGE, La. (AP) — The chairman of a legislative study panel reviewing Louisiana's billions of dollars in tax breaks says he won't meet a February deadline to compile recommendations to lawmakers.

Rep. Joel Robideaux, a Republican leading the Revenue Study Commission, says he'll have the report and its suggestions ready for the Legislature in early March, about a month before lawmakers return for the regular legislative session.

The 14-member panel has spent months combing through more than 460 tax exemptions, credits and rebates, looking at how and if they are tracked for performance.

Robideaux says he doesn't expect the panel to recommend eliminating specific tax breaks, but rather to suggest guidelines for giving them more oversight. He says individual commission members will file bills if they believe specific tax breaks should be removed.

Walter Pierce
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written by Michael A. Moss , January 18, 2013 - 08:19 pm

If the tax break remains, follow the money trail!

FOLKS THE POLITICAL ELITE will AWAYS WIN IN LOUISIANA! What don't ya'll understand about DAT?

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written by Greg Foreman , January 21, 2013 - 09:28 am

Rest assured, Jindal will do everything in his power, and then some, to insure the privileged, the corporations, in Louisiana will pay even less in taxes than was paid under his first term in office. Under Jindal's first term in office, corporate income tax and corporate franchise tax collections have decreased over $741 MILLION dollars. (RF: LA DEPT OF REVENUE REPORT 2011, PG 16)

Jindal's financial planning for Louisiana can be best summed up in the following phrase: “of the privileged, by the privileged, for the privileged”.

The current “dog and pony show” Jindal's advocating is nothing new. It is a continuation of his plan to insure the corporations and the wealthy in Louisiana pay even less in taxes and to insure the tax burden for Louisiana transfers to the tax payers that can least afford the burden.

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