Louisiana – Inside look at ‘tax exclusions,’ how they create loophole-filled system costing Louisiana hundreds of millions

www.theadvocate.com by Tyler Bridges – April 16, 2016

“A 13-member panel known as the Task Force on Structural Changes in Budget & Tax Policy has begun studying how to reform the state’s loophole-filled tax system and will examine tax exclusions at its next meeting on Friday.

The Senate Revenue and Fiscal Affairs Committee is undertaking its own review of tax breaks. Business lobbyists typically fill the meeting room on Monday afternoons when the committee meets. When their tax break is up for scrutiny, the lobbyists always give a stirring defense of why lawmakers should not touch it.”

For further Information:

http://theadvocate.com/news/legislature/15497767-172/millions-of-dollars-of-transactions-are-excluded-from-louisianas-tax-base