Louisiana's sales tax rate on Saturday, which is the start of a new fiscal year, will go from 5% to 4.45% as result of legislation approved in the third special session of the year. But, Tax Foundation Economist Scott Drenkard says Louisiana residents will still pay the most expensive sales tax rate in the nation, when you combine state and local sales taxes.

"The average rate will be 9.47%, which is just every so slightly ahead of Tennessee."
But Drenkard says Louisiana ranks much lower when it comes to property and state income taxes.
"There is $869 collected per capita in Louisiana in state and local property taxes. That's 43rd in the country. The individual income tax tops out at 6%, which is a moderate rate."
But Drenkard sees migration to Texas because there are no state income taxes in the Long Horn state.

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