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Tax Foundation ranks Louisiana 44th for its business tax climate
Source:
watchdog.org
- Oct 3, 2018
Louisiana's business tax climate ranks 44th in the country, according to a new report released by the Washington, D.C.-based think tank, the Tax Foundation.
The Tax Foundation’s State Business Tax Climate Index was produced to “enable business leaders, government policymakers, and taxpayers to gauge how their states’ tax systems compare,” it states. “While there are many ways to show how much is collected in taxes by state governments, the Index is designed to show how well states structure their tax systems and provides a road map for improvement.”
The categories evaluated include states’ tax structures for sales, corporate, individual, property, and unemployment insurance taxes. Louisiana ranked 44th overall, the same as it did last year.
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Category: General Business
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