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Lower federal taxes mean higher state taxes for Louisiana residents

Source: nola.com - Jan 10, 2018

Is your federal income tax bill going down in 2018 as a result of the new law Congress passed? Well, that likely means your state income tax bill is automatically going up.

State tax laws are linked to federal tax laws in the Louisiana Constitution. That means when federal income tax rates change, it automatically affects state tax collections -- without the Louisiana Legislature or governor doing anything.

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Category: General Business

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