Governor Bobby Jindal dropped a bombshell in a statement released by his office on Thursday, suggesting that the legislature eliminate personal and corporate income taxes in Louisiana.

"Eliminating personal income taxes will put more money back into the pockets of Louisiana families and will change a complex tax code into a more simple system that will make Louisiana more attractive to companies who want to invest here and create jobs," Jindal said in the statement.

Income taxes generate nearly $3 billion annually for the state.

The Governor has not provided specifics on how he would replace the revenue, but he has suggested higher state sales taxes and the removal of some tax breaks.  Some lawmakers say Jindal has proposed increasing the 4% percent state sales tax by 1.6%.  It's not clear if the sales tax would be extended to cover purchases of food and drugs.
 
Jindal will advance a proposal to the legislature for consideration during the upcoming session that begins April 8.