News -> INDReporter THU, MAY 26 10:21AM by Walter Pierce

Income tax repeal diverted to committee

State Senators Wednesday voted to send a bill that would repeal personal and corporate income taxes to a committee for more review, a move the bill’s author, Sen. Rob Marionneaux, D-Livonia, characterized as a means of killing the bill, according to Gannett’s Mike Hasten.

Senate Bill 259 would phase out the income taxes on personal and corporate income over several years, costing the state treasury an estimated $1.7 billion in revenue over five years. The Senate got snagged Wednesday during debate over amendments to the bill, including one by Marionneaux that would spread the phase-out over 10 years.

“This is our chance to change Louisiana,” Marionneaux said, according the Hasten’s report, while urging the Senate to vote on his bill and not send it to the Senate Finance Committee. “If you choose not to (vote on his bill), it’s business as usual.”

Read the full story here.


Walter Pierce
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Comments (4)add
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written by NORTHSIDEthug , May 26, 2011 - 10:37 pm
Can we get any more boring?
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written by Farrow , May 27, 2011 - 02:44 am
What an idiotic idea! Education and healthcare in Louisiana is already cut to the bone. Bring back the Stelly Tax Plan -- I'd rather pay a little more in taxes than continue to gut the things in this state of crucial importance.

By the way, Marionneaux is the same legislature who tried to make English the official language of the state of Louisiana . . . despite the fact that he is obviously of French heritage (remember being punished for speaking French, anyone?) and that the Louisiana state constitution guarantees linguistic plurality and that French is recognized as one of the state's official languages. This guy needs to retire.

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written by huh , May 27, 2011 - 05:58 am
Here here, Farrow...well said...
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written by NORTHSIDIAN SHOTGUN , May 27, 2011 - 01:04 pm
Duh lil cousan, yeah you be right.
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