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A possibility: Temporary extension of Louisiana's temporary sales tax might be temporary fix
Source:
theadvocate.com
- May 1, 2017
Nobody in the State Capitol says they want to renew a temporary 1-cent increase in the sales tax that is scheduled to expire in mid-2018.
“I continue to believe that (it) should roll off the books,” Gov. John Bel Edwards told reporters on Tuesday, in a comment echoed by state legislators of both parties.
But it’s becoming more and more likely that lawmakers will turn to extending at least a portion of the sales tax, if they ultimately settle on a solution to the so-called “fiscal cliff,” when $1.3 billion in temporary taxes expire on June 30, 2018.
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Category: General Business
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