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Jindal administration will consider income tax repeal even without replacement revenue
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Candidate
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Contributor | Brandonius Maximus |
Last Edited | Brandonius Maximus Apr 10, 2013 07:54am |
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Category | News |
Author | Jeff Adelson |
Media | Newspaper - New Orleans Times-Picayune |
News Date | Wednesday, April 10, 2013 01:00:00 PM UTC0:0 |
Description | Just a day after Gov. Bobby Jindal announced he was scrapping his tax proposal, legislative concern shifted to the possibility that whatever replaces it could leave the state billions of dollars in the red.
The governor's previous goal of passing a "revenue neutral" plan, one that keeps the same amount of money flowing into state coffers as under the current tax code, is no longer a requirement, administration officials said Tuesday. The governor's office is still focused on eliminating the state's income tax but could leave the issue of replacing the roughly $2.6 billion it brings in to future legislative sessions.
"My desire and my marching orders are very clear, to work with the bills that are out there to see what we can do with those and it would be my desire to eliminate income taxes," said Tim Barfield, executive counsel for the Department of Revenue and Jindal's point man on this year's tax bills. |
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