In his latest monthly column, Gov. Bobby Jindal calls 2012 a “strong” year for Louisiana’s economy and says the mission for 2013 is to straighten out the state’s tax code. “Our tax code is too complex, too littered with loopholes, and too burdensome on families and businesses,” says Jindal, who has previously said his top priority next year will be restructuring the tax code but has yet to propose specific changes. “We need to make our tax code fairer, flatter and simpler for Louisiana families and businesses. Unquestionably, there will be some who see tax reform as an opportunity to raise taxes on hardworking families and small businesses, but that’s exactly the wrong approach. Make no mistake—this will not be an effort to raise revenue and grow government. Instead, we must revamp our tax code in order to spur more private-sector job growth.” Looking back on 2012, Jindal highlights some of the state’s major economic development projects that he says will result in more than 24,000 new jobs and more than $18 billion in capital investment. He also says Louisiana has been in the top 10 states for private-sector job growth over the past four years, while per capital income has increased by $2,700 over the same period. Read the full column here.
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