John Bel Edwards on Tax Reform



Reform tax structure or face $1.3B fiscal cliff in 2018

Louisiana faces a more than $1.3 billion fiscal cliff on July 1, 2018--a point when a significant amount of revenue disappears and expensive credits and rebates return to their full amounts. This is the big moment. The structural deficits have gone on for far too long. The resistance to doing what is right and necessary to fix this problem once and for all is no longer acceptable.

Last year, you created a task force that spent months studying the most responsible way to reform our tax and budget structure. What we found from this review is that the options are no easier, or even substantially different, than the ones we have considered in the past. I fully support the task force's recommendations for structural tax reform. Many of the recommendations of the task force were the very same solutions I proposed last year. So now we have a choice. We can simply go down the same road we have travelled time and again--hoping for different results. Or we can chart a new path.

Source: 2017 Louisiana State of the State address , Apr 10, 2017

Reduce sales tax; eliminate federal income tax deductibility

As a guiding principle, I have proposed that we move forward with the elimination of the fifth penny of sales tax as scheduled July 1, 2018, clean the remaining pennies, and model our sales tax structure utilizing best practices from other states. In addition, I am asking you all to give 90 percent of the citizens of Louisiana an income tax cut, and simplify the corporate tax structure by reducing the current five corporate income tax rates to three lower rates. Both of these shifts would be in exchange for eliminating the deductibility of federal income taxes--a practice that is only used in three other states, and is most beneficial to higher income earners. And for C corps, those businesses that are taxed at the entity level, 80,000 out of 101,000 did not pay any income taxes. My proposal will ensure that those 80,000 C corps that pay no income taxes do their part
Source: 2017 Louisiana State of the State address , Apr 10, 2017

Keep the estate tax; don't keep Bush tax cuts

Q: Do you support the permanent repeal of the federal estate tax?

A: No.

Q: Do you support making President Bush's tax cuts permanent?

A: No.

Source: 2006 State Congressional National Political Awareness Test , Nov 1, 2006

Other governors on Tax Reform: John Bel Edwards on other issues:
LA Gubernatorial:
Charles Boustany
Eddie Rispone
John Neely Kennedy
Ralph Abraham
LA Senatorial:
Antoine Pierce
Bill Cassidy
Charles Boustany
Foster Campbell
John Fleming
John Neely Kennedy
Joseph Cao
Rob Maness
Thomas Clements

Gubernatorial Debates 2019:
Bevin(R) vs.Goforth(R,lost primary) vs.Adkins(D,lost primary) vs.Beshear(D) vs.Edelen(D,lost primary)
Edwards(D) vs.Rispone(R) vs.Abraham(R) vs.Kennedy(R,declined)
Bryant(R,retiring) vs.Foster(R) vs.Hood(D) vs.Reeves(R) vs.Waller(R)

Gubernatorial Debates 2021:
Murphy(D) vs.Ciattarelli(R)
Northam(D,term-limited) vs.Herring(D) vs.Chase(R) vs.Fairfax(D)

Gubernatorial Debates 2020:
DE: vs.Carney(incumbent) vs.Williams(D)
IN: vs.Holcomb(incumbent) vs.Melton(D) vs.Myers(D)
MO: Parson(incumbent) vs.Galloway(D) vs.Neely(R)
MT: Bullock(retiring) vs.Fox(R) vs.Perry(R) vs.Gianforte(R) vs.Stapleton(R) vs.Olszewski(R) vs.Neill(D) vs.Schreiner(D) vs.Cooney(D) vs.Williams(D)
NC: Cooper(incumbent) vs.Forest(R) vs.Grange(R)
ND: Burgum(incumbent) vs.Coachman(R) vs.Lenz(D)
NH: Sununu(incumbent) vs.Volinsky(D) vs. fsFeltes(D)
PR: Rossello(D) vs.Garced(D) vs.Pierluisi(D)
UT: Herbert(retiring) vs.Huntsman(R) vs.Cox(R) vs.Burningham(R) vs.Newton(D) vs.Hughes(R)
VT: Scott(incumbent) vs.Holcombe(D) vs.Zuckerman(D)
WA: Inslee(incumbent) vs.Bryant(R) vs.Fortunato(R)
WV: Justice(incumbent) vs.Folk(R) vs.Thrasher(R) vs.Vanover(D) vs.Smith(D) vs.Ron Stollings(D)
Civil Rights
Foreign Policy
Free Trade
Govt. Reform
Gun Control
Health Care
Homeland Security
Local Issues
Social Security
Tax Reform

Search for...

Page last updated: Apr 17, 2020