Louisiana’s tax reform proposal introduces a flat tax rate and higher deductions. Here’s a breakdown of what this new tax code could mean for your finances in 2025.
Moon Griffon welcomes special guest Mark Lotter, former Press Secretary for Vice President Mike Pence, to discuss the tax reform measures passed by Republicans in the House and Senate. He breaks everything down, from the benefits to the criticisms.
The Department of Revenue secretary said, currently the largest percentage of the budget comes from sales tax collections, which isn’t fair to consumers or businesses.