House Ways and Means committee to hear testimony on tax reform

The House Ways and Means committee will continue hearings on tax reform, this time in response to Gov. Jeff Landry’s tax reform proposals for personal income and sales taxes on Tuesday, with corporate income and franchise taxes also on the agenda if time permits.

Landry announced plans to convene a special session to reform the tax code with 10 bills, a tall order to fill in just two weeks. Landry hopes the reforms will help address the projected fiscal cliff, which could approach $1.5 billion dollars, according to Landry.

The committee will consider the implications, impact and possible backfire of Landry’s proposals. Landry’s administration has only released an outline to the public.

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