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2019 Gulf Coast Elections Mean Louisiana Is Poised To Remain A Tax-Hiking Outlier In A Region Full Of Tax-Cutting States
Source:
forbes.com
- Nov 22, 2019
The 2019 election results across three Gulf Coast states - Louisiana, Mississippi, and Texas — produced a mixed bag of results. Texas voters acted to ensure that the Lone Star State will remain one of nine states with no income tax by approving Proposition 4, a constitutional amendment that appeared on the November ballot.
By approving Proposition 4, an overwhelming majority of the Texas electorate, with 77% support, voted to amend the state constitution to include an income tax prohibition. Texas is one of nine states that does not levy a state income tax. Passage of Proposition 4 inserts a new taxpayer safeguard in the state constitution ensuring that future legislatures, no matter who is in charge, cannot easily impose an income tax. Texas Governor Greg Abbott (R) referred to passage of Prop. 4 as “a victory for taxpayers across the Lone Star State.”
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Category: General Business
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