The Louisiana House Ways and Means Committee met Tuesday to begin study of a proposal to eliminate the state’s individual and corporate income taxes. During the 2022 regular session, the legislature passed House Resolution 178, sponsored by Rep. Richard Nelson, R-Mandeville, to study the state’s tax structure and recommend whether state income taxes should be eliminated and how the state’s many tax exemptions and credits could be reformed.
At Tuesday’s hearing, Nelson told the committee the state’s complicated tax structure is a reason why it continues to lose population. Louisiana has not added a congressional seat since 1910 and instead loses an average of one district every 20 years, he noted.
“At the end of the day, we’re a banana republic that’s run out of bananas,” Nelson said.
Read more: Nelson pitches end of Louisiana income tax to lawmakers