Contact Us

Walt Bennetti Says Louisiana Tax Structure May See A Gradual Change

Walt Bennetti Facebook photo
Walt Bennetti Facebook photo

Political Blogger Walt Bennetti from clickjefferson.com joined ‘Mornings With Ken and Bernie‘ today to discuss changes to Louisiana’s tax structure during this legislative session.

According to Bennetti,

Nobody likes big change and nobody likes big change quickly.  Now we’re onto Plan B as Governor Jindal calls it.  Letting the Legislature decide what they’re going to do.  Actually it could be Plan B,C,D or E.  There are a lot of proposals out there.

Reviewing various tax proposals Bennetti said,

There’s a plan to phase out the corporate tax over a 3 year, 5 year or 10 year period.  There’s plans to phase out personal income tax over a five year, six year or ten year period….Some of the plans start next year in 2014.  Some start in 2016.  There’s also plans to keep the personal and corporate income tax but just reduce them.

Bennetti said there is even a first time proposal for Louisiana,

There’s even a plan that calls for a flat-tax.  I think that’s the first time I’ve seen a flat-tax offered in the state of Louisiana.  A flat tax of 1.9% on personal income over $12,500.  So there a lot of different ideas out there.

Bennetti also talked about the use of one-time money to balance the state budget and one proposal to boost cigarette taxes with a portion of the proceeds dedicated to maintenance of the Crescent City Connection bridge in New Orleans.  He also mentions a recent report from PAR (Public Research Council) that slams Governor Jindal.

You can keep up Walt Bennetti at clickjefferson.com.

Listen to the interview:

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Best of KPEL 96.5

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://kpel965.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for News Junkies quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive News Junkies contests, events, coupons, presales, and much more delivered to you for FREE.