Louisiana Gov. Bobby Jindal was in Alexandria this week to talk about and promote his plan to eliminate the state income tax and increase the state sales tax from the current 4 percent to 6.25 perent. Jindal said that eliminating the state income tax “is the single most important thing we can do to create more jobs for our people. ... As long as people are willing to work with us on eliminating income tax and not use this as an excuse to raise taxes, we‘ll work with them.” / The Town Talk
Jindal spoke in Alexandria
last week about his plan, which he said will spur job growth in
Louisiana. While he was warmly received, many who attended remained
skeptical.
There are 11 bills that make up the tax reform package. The key piece — the one Jindal said he will not compromise on — is the elimination of state income taxes. The lost revenue would be made up mainly by raising sales taxes, taxing services that are not currently taxed and eliminating some of the state's 468 tax exemptions.
The legislative session begins Monday.
Ten local businesspeople agreed to answer five survey questions about the tax plan. The results:
• Asked if they were for or against the plan, one said they were in favor, four said they were opposed and five said they were unsure.
• Two said they believe the plan will create more jobs, three said they believe it will negatively impact job growth and five were unsure.
• Seven of 10 said they feared higher sales taxes would result in a loss of sales for their business. Eight of 10 believe the higher sales taxes would drive more business to the Internet.
• Eight of 10 said there has not been enough information released about the plan, or that information is not clear.
• Nine of 10 believe Jindal will have a difficult time getting his plan passed by the legislature.
The division — which has been developing and managing housing at Fort Polk in Vernon Parish since 2003 — had been called Picerne Military Housing.
“Our name is changing, but our leadership, partnership and innovation will not,” said John Picerne, founder and chief executive officer of Corvias Group. “For us, providing our service members and their families with improved housing is more than a job; it’s a vocation. Our commitment to them remains unchanged, and our customer’s best interests remain at the heart of our business decisions.”
The brand transition, including the introduction of all new signage, is expected to take approximately one year to 18 months to complete.
Suddenlink is the second-largest company of its kind in Louisiana, offering cable TV, high-speed Internet, phone and other services.
“Our 2013 investments in Louisiana will help us further enhance the quantity, quality, and reliability of our video, phone, and Internet services, including enhancements to our Any-Room DVR service,” said Suddenlink Senior Vice President of Operations Randy Goad.
There are 11 bills that make up the tax reform package. The key piece — the one Jindal said he will not compromise on — is the elimination of state income taxes. The lost revenue would be made up mainly by raising sales taxes, taxing services that are not currently taxed and eliminating some of the state's 468 tax exemptions.
The legislative session begins Monday.
Ten local businesspeople agreed to answer five survey questions about the tax plan. The results:
• Asked if they were for or against the plan, one said they were in favor, four said they were opposed and five said they were unsure.
• Two said they believe the plan will create more jobs, three said they believe it will negatively impact job growth and five were unsure.
• Seven of 10 said they feared higher sales taxes would result in a loss of sales for their business. Eight of 10 believe the higher sales taxes would drive more business to the Internet.
• Eight of 10 said there has not been enough information released about the plan, or that information is not clear.
• Nine of 10 believe Jindal will have a difficult time getting his plan passed by the legislature.
Housing company changes brand
Corvias Group recently announced it is changing the name of its military housing division to Corvias Military Living.The division — which has been developing and managing housing at Fort Polk in Vernon Parish since 2003 — had been called Picerne Military Housing.
“Our name is changing, but our leadership, partnership and innovation will not,” said John Picerne, founder and chief executive officer of Corvias Group. “For us, providing our service members and their families with improved housing is more than a job; it’s a vocation. Our commitment to them remains unchanged, and our customer’s best interests remain at the heart of our business decisions.”
The brand transition, including the introduction of all new signage, is expected to take approximately one year to 18 months to complete.
Suddenlink investment
Suddenlink expects to make approximately $25 million in capital investments this year in Louisiana, and by the end of the year will have invested about $200 million in the state since 2006.Suddenlink is the second-largest company of its kind in Louisiana, offering cable TV, high-speed Internet, phone and other services.
“Our 2013 investments in Louisiana will help us further enhance the quantity, quality, and reliability of our video, phone, and Internet services, including enhancements to our Any-Room DVR service,” said Suddenlink Senior Vice President of Operations Randy Goad.
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