The Greater Lafayette Chamber of Commerce has joined forces with 14 other business organizations from around the state to support the elimination and accelerated phase-outs of several business taxes. The Legislature will being debating the bills Sunday in Gov. Bobby Jindal’s second special session.
The coalition believes the elimination of these taxes would remove a major obstacle in economic development efforts and improve the competitiveness of all Louisiana businesses. “The removal of these unorthodox taxes would at least level Louisiana’s playing field when compared to the rest of the country,” says Mike Odom, the group’s spokesperson. “Businesses of all sizes would now be given the opportunity to make positive investments in their future.”
--Eliminating the 1 percent state sales tax on business utilities that brings in about $68 million a year, starting July 1.
-- Accelerating the removal of the corporate franchise tax on debt, an elimination started under Blanco's administration. The tax was scheduled to be gone by July 1, 2011. Jindal is proposing eliminating it one year early, by July 1, 2010.
--Speeding up the removal of the state sales tax on manufacturing machinery and equipment, another elimination started by Blanco's administration. The tax was scheduled to expire by July 1, 2010, but Jindal wants it of the books one year earlier.
The coalition is also made up of the Ascension Chamber of Commerce, Baton Rouge Area Chamber, Feliciana Chamber of Commerce, Greater Shreveport Chamber of Commerce, Iberville Chamber of Commerce, Jefferson Chamber of Commerce, Louisiana Industrial Development Executive Association, Monroe Chamber of Commerce, Natchitoches Area Chamber of Commerce, River Region Chamber of Commerce, Ruston-Lincoln Chamber of Commerce, West Feliciana Community Development Foundation, and West Monroe-West Ouachita Chamber of Commerce.
Hello Kitty turns 40; police ambush suspect caught; Knicks surprise Cavs and more national and international news for Friday, October 31, 2014.
Friday's Blogs from the Bog!
The Lafayette City-Parish Council will consider on Tuesday a revised plan to the transform a block in Downtown Lafayette into a mixed-use residential-retail-commercial development that doesn’t include giving title to the property to the Lafayette Public Trust Finance Authority, an arrangement the council rejected earlier this month.
Trying to combat the national undertones of Louisiana's U.S. Senate race, Democratic incumbent Mary Landrieu is traveling the state this week on a sort of pork celebration tour, telling voters about the projects and aid she's delivered to Louisiana.
Ever thought that big, pink Gulf coast shrimp you ordered at the restaurant or bought from the store didn't taste juicy or salty enough? Maybe it wasn't from the Gulf.
The state treasurer won't sign financial documents needed for $200 million in borrowing or for a refinancing of existing debt until he believes they accurately explain the surplus disagreement.
Homecoming outfits with ease
Acadian style home in St. Martinville or traditional Breaux Bridge home
Acadiana's nightlife guide.
Bill Cassidy voted for 97 percent of the bills signed by Barack Obama.
Louisiana Gov. Bobby Jindal is joining South Carolina Gov. Nikki Haley on her campaign bus tour.
A New Iberia man has been sentenced to life in prison for killing a 4-year-old girl and scalding her 3-year-old brother.
A district judge decided Wednesday against sanctioning attorney/school board candidate Dawn Morris for her behind-the-scenes role in a lawsuit against Mark Cockerham.
Secretary of State Tom Schedler says Gov. Bobby Jindal's administration may have improperly destroyed records in the state employee health insurance program, in the middle of a heavily-criticized rewrite of benefit plans.
Paper cites the former ADA's "experience as a prosecutor, his demonstrated integrity, and his ideas for reshaping the [DA's] office" in urging voters to support Keith Stutes Nov. 4.
Louisiana officials have sent a letter to the American Society of Tropical Medicine and Hygiene un-inviting members of the group who have recently been to ebola-affected West African countries from attending the group’s annual conference in New Orleans next week.
Drew Brees and the New Orleans Saints have to find a way to win on the road if they plan to take over first place in the NFC South.
"It is obvious that Louisiana economic performance has not outperformed the South or the United States as a whole and, in fact, has substantially underperformed..."
A state district judge said he will rule Friday on a preliminary injunction to keep some charter schools from receiving $60 million through Louisiana's public school financing formula.
Saints fans were to gather, make merry, eat/drink compliments of a new Downtown group and watch the Saints beat Carolina and claim 1st place in the NFC South. But...
Three bedroom traditional or four bedroom traditional in Lafayette
Our fav dress for all seasons
Acadiana's nightlife guide.
New Orleans Saints running back Mark Ingram doesn't see his dramatic spike in production as any sort of validation.
U.S. Sen. Mary Landrieu is facing off one last time with her two main Republican challengers before next week's election.
Shoppers familiar with Louisiana-based Rouses Market might be surprised when they walk into the new third location set to open at the Corner of Johnston Street and Duhon Road south the Acadiana Mall on Wednesday.
Noted architect and co-founder/principal of Architects Southwest receives highest honor given to former student.
Know an innovator, job creator and visionary with a penchant for hard work? We want to know that person.
He’s pulling for Knezek and Hidalgo on his end of the parish but issued endorsements in three other districts as well.