Louisiana would have collected almost $7.4 billion in estimated additional tax revenue during the 2021-2022 fiscal year if not for various exemptions, according to the state’s most recent report on the subject. Louisiana’s myriad exemptions are often cited as a barrier to simplifying the tax system and lowering rates for everyone, though every significant tax
Louisiana tax exemptions cost nearly $7.4B, but which are the costliest?
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.
