Topics:
November 6, 2024
News
Special Session Gets Underway in Baton Rouge
NFIB State Director Leah Long said today small business owners are cautiously optimistic about the special session on tax reform that begins today.
“Governor Landry’s order addresses key issues for Louisiana’s small business community, including reducing individual income taxes,” Long said. “This would greatly ease the financial pressure on Main Street businesses by creating opportunities for reinvestment in the local community and local jobs.
“However, expanding sales taxes on services that have never been taxed before could burden the smallest business owners. Small business owners already pay 90% more in tax compliance costs per employee than large businesses. Expanding the service tax would increase administrative costs and force businesses to raise prices, putting them at a competitive disadvantage.
“We look forward to working with Governor Landry and legislative leaders on solutions that support Louisiana’s small businesses during these uncertain economic times.”
State:
Get to know NFIB
NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.
Related Articles
December 3, 2024
NFIB Highlights Top Small Business Priorities as 2025 Nears
NFIB highlights top legislative priorities for the next two months. Congres…
Read More
December 2, 2024
State of Minnesota Offers Free Sales Tax Webinars in December
In December, the Minnesota Department of Revenue (MDOR) is offering two no-…
Read More
December 2, 2024
NFIB Virtual Event: New Mexico Legislative Preview
The New Mexico Legislature will convene on January 21, 2025, where among ot…
Read More
December 2, 2024
Wisconsin Tax Burden Hits Historic Low
According to a recent report by the Wisconsin Policy Forum, the state and l…
Read More