Tax Foundation: The state's combined rates are among the nation's highest.
No small business owner likes taxes, and Louisiana has some of the nation’s highest when it comes to its average combined state and local tax rates, according to a new report.
The Tax Foundation found that Louisiana has the nation’s second highest average combined state and local sales tax rates at 9.45 percent. That ranks behind Tennessee (9.47 percent), and ahead of Arkansas (9.43 percent), and Washington (9.17 percent.)
“Retail sales taxes are one of the more transparent ways to collect tax revenue,” according to the report. “Sales taxes are easier to understand; consumers can see their tax burden printed directly on their receipts.”
But according to the Tax Foundation, high tax rates can push consumers toward neighboring tax environments. “Sales tax rate differentials can induce consumers to shop across borders or buy products online,” writes Janelle Cammenga, the report’s author.
For more information, visit https://taxfoundation.org/sales-tax-rates-2019
