'Of the 10 states that experienced the largest gains in income taxpayers, 4 do not levy income taxes on wage or salary income at all. 8 of the top 10 states either forgo individual income taxes, have a flat tax, or are moving to a flat income tax.' - Tax and Interstate Migration 2024 Update, Tax Foundation
A special session of the Louisiana Legislature is underway with the focus being tax reform. The Tax Foundation, a non-partisan group which researches and educates on numerous tax issues ranks states on their business tax climate. Louisiana is in the bottom 10. Why is that significant? Companies choose to locate, and people choose to live where the tax structure is favorable, and there is a clear uā¦
