LABI Responds to Governor’s Bill to Raise $900 Million in Taxes on Louisiana Employers
The Louisiana Association of Business and Industry (LABI) issued the following response to the delayed release of Governor Edwards’ bill to raise $900 million in new taxes on employers known as the Commercial Activity Tax (CAT).
Business is Paying More than Its “Fair Share” in Louisiana
The Louisiana Association of Business and Industry (LABI) released a policy memo that clearly shows the state’s businesses are indeed paying their “fair share” of taxes. As the Legislature convenes to consider new tax proposals, LABI outlines all of the taxes that business is already paying in Louisiana, which is a larger share of taxes than the national average.
The Louisiana Association of Business and Industry is the state’s largest business organization, and a voice for the principles of free enterprise in Louisiana.
What We Do.
We represent the views and interests of the Louisiana business community in the political, legislative, judicial and regulatory processes.
LABI consolidates your interests along with thousands of business leaders in the state to provide one voice on behalf of business in Louisiana. LABI is proud to be Louisiana's official state chapter for the U.S. Chamber of Commerce and the National Association of Manufacturers.