The new plan makes at least $63 million in tax break reductions, cuts spending by more than $100 million and relies on state revenue collections improving by $90 million.
Modifications would be made to the motion picture tax credit program. The Jindal administration would be urged to put an emphasis on collecting sales taxes on Internet sales. Vendors would only be able to keep a portion of state sales tax collections on the first $3 million in annual sales.
Sunday, May 12, 2013
Make believe
As long as we're going to make believe any of these tax credits are in real jeopardy here is the plan.
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