(The Center Square) — The House Ways and Means Committee heard testimony on Gov. Jeff Landry's proposal to reduce the corporate income tax rate and sunset a wide variety of tax credits and exemptions.
Louisiana has the highest corporate tax rate in the Southeast at 7.5%. Rep. Julie Emerson, R-Lafayette. who authored the bill, called the rate 'extremely uncompetitive.'
House Bill 2 is a part of a swe…