This week in state tax news: A new tax overhaul initiative kicked off in Louisiana as lawmakers explored options for jettisoning the personal income, corporate income and corporate franchise taxes. Meanwhile, research shows that states have spent about two-thirds of their federal pandemic relief funds, and a new state initiative was formed to curb the influence of large multinational corporations.
The latest tax overhaul campaign in Louisiana—keep in mind there have been several over the last decade—began this week with an examination of a plan to sweep the personal income, corporate income and corporate franchise taxes from the ...
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