re: Gov. John Bel Edwards wants big changes in how LA biz, individuals taxed

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JBE is proposing that we replace the current corporate income tax with the gross receipts tax. Basically, you reduce the tax rate and apply it to sales rather than net income

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Not talking about the corporate taxes. I don't run a corporation nor am I an accountant, so I honestly don't know shite about the current tax system for corporations.

But I'm quite familiar with the taxes that I pay as an individual. He's proposing to add taxes that affect individuals without reducing/removing any taxes currently in place on individuals...after he's already raised our sales tax to the highest in the country since he took office.

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With that increase, Louisiana has had the highest state and local combined sales tax rate in the nation, at 10 percent. Many of the services that the governor wants to make subject to sales taxes — including cable TV and internet service — are already taxed in neighboring Texas.

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