Early voting began Saturday, Oct. 30, on two proposed state constitutional amendments that would make it easier to own and operate a small business in Louisiana.
Click here to read NFIB State Director Dawn McVea’s guest column in The Advocate newspaper in support of Amendments 1 and 2.
Amendment 1 would streamline and simplify state and local sales tax collection and relieve some of the administrative burden on small businesses. It also would improve the state’s ability to collect revenues from online sales by putting e-commerce on a more level playing field with our small businesses.
Amendment 2 would reduce the maximum allowable rate of personal income tax from 6% to 4.75% and enable a new rate of 4.25%. In addition, it would eliminate the mandatory deduction of federal income tax. This would allow the state’s budget to be more stable and predictable by removing the link that currently exists between our state and the federal government’s tax policy.
NFIB supports both amendments! Click here to read the Tax Foundation’s analysis of the amendments.
Early voting ends on Saturday, Nov. 6. The general election is Saturday, Nov. 13.
