Apr 8, 2013 8:02 PM by Allison Bourne-Vanneck
Big day at the state's Capitol that included a big surprise. Governor Bobby Jindal told legislators he's pulling the plug on his proposed tax legislation.
Now he's asking them to come up with a different plan to eliminate state income taxes.
Several lawmakers have already offered proposals to gradually phase out the income tax over the next decade.
Now it's back to the drawing board for law-makers. Several
said they were not surprised that the governor decided to pull his tax legislation.
"I think it was a wise move. It was moving way too fast, and it was a lot of issues as far as implementation. I think it was a wise decision, and I think it was a spirit of cooperation between the legislature and the governor, I applaud him for that," Senator Fred Mills, (R) St. Martin Parish said.
"We do definitely need to look at reforming our tax structure in Louisiana. We have lots and lots of loopholes that need to be closed. A lot of those loopholes were signed into law by the governor in the last five years. We need to look back at it, we over doubled our exemption budget. We need to be paying for our universities and paying for our hospitals and making great on our promises to the people of this state," Rep. Stephen Ortego (D) Lafayette, said.
"I think you're going to see a lot of people come to the table, a lot of representatives and senators come to the table in hopes to find a bill that is not so regressive, and doesn't impose, shift the burden from the most wealthy to the most vunerable," Rep. Terry Landry (D) New Iberia, said.
Lawmakers said the bill was suppose to be tax neutral, but it wasn't, and the legislation was regressive. While the legislation has been pulled, they agreed that reform needs to happen, and they say they will get it done over the next two months.
7 hours ago