Barfield discusses Jindal's tax plan to a packed house
BATON ROUGE, LA (NBC33) — Addressing a packed crowd of business leaders, Revenue Secretary Tim Barfield, architect of Governor Jindal's latest tax plan, proclaimed the time is here to re-vamp the tax code. Simplifying the tax code, he said, is the key to fostering a better business environment.
"We want a system that is flatter, fairer and simpler so that the majority of our citizens will not spend a majority of their time working for the government, rather for themselves," Barfield said.
One of the most talked about portions of the plan is the call to end both corporate and income taxes, and rely on increased sales taxes instead. Barfield said the change would ultimately make Louisiana an even better state to foster economic growth in.
"To the extent that the legislature and the administration make a conscious decision to promote economic development, we want to keep those programs," Barfield claimed.
Republican state representative Joel Robideaux, chairmen of the Ways and Means Committee, said the revenue study committee isn't quite ready to take on the tax plan.
"There are still a few things that need to be done and can be done certainly," Robideaux added.
Robideaux has not lent his full support to the proposed tax plan just yet, but said one thing is certain, he'll be pushing for more time to review all plans on the table before allowing any change to the tax code and state budget.
"(we need to) Figure out a mechanism to allow the legislative fiscal office to study the issues for a longer period of time, to make the phone calls, to do the analysis," Robideaux explained.
The legislature re-convenes in early April.