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State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales , income , excise taxes , and user fees . Some are levied directly from residents and others are levied indirectly.
Louisiana has a temporary sales tax set to expire in 2025 unless lawmakers and Governor Jeff Landry seek to extend it. Louisiana residents are paying the highest sales tax rate in the United ...
For businesses, the corporate income tax rate will drop from 7.5% to a flat 5.5%, and the state franchise tax will be eliminated entirely. Originally, Landry's plan proposed a rate of 3.5%.
On Wednesday, the House passed a bill to reduce corporate income tax from a 7.5% to 3.5% flat rate and another to add new taxes on digital goods and services like online streaming sites, expected ...
The Louisiana Public Service Commission (LPSC) [1] is an independent regulatory agency which manages public utilities and motor carriers in Louisiana. The Commission was created by Article IV, Section 21 [ 2 ] of the 1921 Constitution of the State of Louisiana. [ 3 ]
Utility ratemaking is the formal regulatory process in the United States by which public utilities set the prices (more commonly known as "rates") they will charge consumers. [1] Ratemaking, typically carried out through "rate cases" before a public utilities commission , serves as one of the primary instruments of government regulation of ...
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Rate base is the value of property on which a public utility is permitted to earn a specified rate of return, in accordance with rules set by a regulatory agency.In general, the rate base consists of the value of property as used by the utility in providing service.