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Louisiana's Tax Revenue: Who Pays and How Much

Red River Radio | By Chuck Smith

Published July 3, 2017 at 12:10 PM CDT

LOUISIANA TAX REVENUES: Louisiana has begun a new fiscal year that started July 1^st. Much has been made of the state’s budget situation and come next July 1^st in 2018, the state’s one-cent sales tax will disappear and unless state lawmakers act, there will be a $1 billion-dollar PLUS fiscal cliff so-to-speak. With this mind, it may be worth to understand what revenues the state relies on to deal with such things.

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Chuck Smith

Chuck Smith brings more than 30 years' broadcast and media experience to Red River Radio. He began his career as a radio news reporter and transitioned to television journalism and newsmagazine production. Chuck studied mass communications at Southern Arkansas University in Magnolia and motion picture / television production at the University of California at Los Angeles. He has also taught writing for television at York Technical College in Rock Hill, South Carolina and video / film production at Centenary College of Louisiana, Shreveport.

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