Louisinana Income Tax; Jindal Tax Swap

September 11, 2013

Wednesday, Sept. 11

Sales tax collections down; income tax collections up; Income inequality at greatest levels since 1928; Judge lifts stay in lawsuit against the state; and LSU lawyers scramble to reach settlement in public records case. 9.4 percent – Percent drop in general state sales-tax collections from July 2012 to July 2013. This is the tax that would have replaced the state income tax had Gov. Bobby Jindal’s tax-shift plan become law. (Source: Legislative Fiscal Office)