State of Louisiana secondary Archives: on Corporations
Bobby Jindal:
Eliminated burdensome business taxes
We have overhauled our ethics laws, revamped workforce development programs, and eliminated burdensome business taxes. Every challenge we have taken on has been about making Louisiana the best place in the world to find a job and raise a family.
Our work is starting to pay off. - Louisiana has some of the toughest ethics laws in the nation that show who you know is no longer more important than what you know when it comes to doing business in our state.
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Louisiana now has the number one workforce-training program in the country.
- Louisiana--a state that once lagged behind in business climate rankings--now ranks in the top ten of three major national business climate rankings.
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Louisiana is one of only a handful of states that have more jobs now than at the beginning of the recession.
- Per-capita personal income in Louisiana has increased by more than $3,600 over the last five years.
Source: 2013 State of the State speech to La. legislature
Apr 8, 2013
Bobby Jindal:
We paid companies, via loopholes, to not pay corporate tax
As it stands today, we have over 460 loopholes on the books that make our system complex, volatile and unfair. Under the current system, if you have a lobbyist and lawyer, you have a loophole.Let me put that a different way. In 2011, we actually went
in the hole on corporate income tax by some $76 million. In other words, we actually paid companies through loopholes to not pay corporate income tax.
Think about that--we sent more taxpayer dollars to corporations than they paid in income taxes to the state. At the same time, the average Louisiana family of four paid nearly $2,600 in taxes.
In other words, we actually took money from families and used it to pay companies to not pay corporate income tax. That goes to show you our tax system is unfair and riddled with loopholes and exemptions.
Source: 2013 State of the State speech to La. legislature
Apr 8, 2013
Foster Campbell:
Exit tax to stop Wall Street from shifting overseas
Use Proceeds from a Fair Tax System to Give a Break to the Middle Class- Ensure that billionaires don't pay a lower tax rate than the hard working middle class
- Institute an "exit tax" to stop Wall Street from shifting profits and moving jobs
overseas
- End loopholes that allow giant corporations to hide $2.1 trillion offshore annually and reinvest in American families
- End tax giveaways for big corporations that don't produce jobs and reinvest in incentives for small businesses
Source: 2016 La. Senate campaign website FosterCampbell2016.com
Nov 8, 2016
Garret Graves:
Reduce taxes, fees, bureaucracy, and regulation
CREATING JOBS REQUIRES MORE INNOVATION, MUCH, MUCH LESS D.C.In Congress I will fight to:- Remove regulatory obstacles for small businesses
- Reduce taxes and fees
- Promote investment and innovation
Bureaucracy stifles innovation--it's a job-killer and, unfortunately, bureaucracy, regulations, fees and taxes are on the rise. If we are going to create an economic explosion in this country, we must allow the private sector to succeed.
This includes reducing the reach and intrusion of Washington, D.C. Our small businesses will be free to invest resources, hire people, buy equipment, and make long-term investments.
By reducing the tax rates and eliminating red tape, we can launch thousands of new ventures across South Louisiana and strengthen our small businesses climate--the backbone of every thriving economy in the world.
Source: 2014 La. House campaign website, GarretGravesForCongress.com
Dec 5, 2014
Page last updated: Feb 18, 2023