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Louisiana Note Form

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in your breakdown with the whole tax plan still being debated at the legislative level we don't know how much more we'll pay in new sales taxes but how much could you save if lawmakers lower the income tax right now Louisiana taxes income based on a tiered system single or married people are taxed based on how much they make from 1.85% to 4.25% Governor Jeff Landry's new tax bill wants to make that a flat 3 % state income tax across the board and eliminate income taxes for the bottom tier of tax filers his office has released this graph of the change you'd see after the income tax cuts but it also includes some deduction changes and exemptions currently being debated in the legislature now this was put together by a financial analyst hired by nonpartisan organization reset Louisiana and the math here is done a little differently without factoring in any credits per their math a single person making less than1 ,000 will pay no income tax a person making b

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