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re: Jeff Landry transition committee calls for phasing out corporate and personal income taxes
Posted on 1/30/24 at 11:29 am to jennyjones
Posted on 1/30/24 at 11:29 am to jennyjones
quote:
quote:Louisiana would have to stop having the highest property tax exemption in the country. Prepare for there to be blood-gurgling screams if/when that gets proposed.
$75k is the highest in the country? That number was put into place in what the 1980’s?
I think they should phase in property taxes so all property owners pay something.
Say every property owner pays taxes on the first 50K of value. After that the Homestead Exemption kicks in. After that you pay taxes just as you do now.
That way all property owners have an interest in whether or not a tax passes.
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