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Foster Campbell on Tax Reform

 

 


Eliminate the personal and corporate income taxes

Gubernatorial candidate Foster Campbell said that Louisiana citizens shouldn't despair about tax cuts vetoed by Governor Blanco because he'll provide much greater tax relief by eliminating the personal and corporate income taxes. Campbell said the income-tax elimination "will provide the largest tax cuts ever made in Louisiana and will spark a huge economic boom that will benefit both businesses and individual Louisianians."

"Although the Louisiana Legislature refused to override the Governor's vetoes," Campbell said, "they can take comfort in the fact that they'll keep even more of their hard-earned money when I'm elected Governor." Campbell has proposed instituting a 6% fee on oil and gas processed in Louisiana, most of it from foreign nations and companies, to make up for the income-tax elimination. Together, the personal and corporate income taxes provide $3.1 billion annually to the state. The processing fee will yield at least $5.5 billion each year.

Source: 2016 La. Senate campaign website press release , Jul 25, 2007

Other candidates on Tax Reform: Foster Campbell on other issues:
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Bobby Jindal
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David Vitter
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