Passage requires a two-thirds vote of the Legislature
The chairman of the Senate Finance Committee says he will be looking for "balance" in Governor Bobby Jindal's tax reform proposal, which is expected to be released later this week.
Jindal is proposing the elimination of the state's income and corporate taxes and making up the loss in revenue with a higher, broader sales tax which, when coupled with other increases in revenue, will keep the entire plan "revenue neutral".
Sen. Jack Donahue, R-Mandeville, says passage of the tax reform plan requires a two-thirds vote of the Legislature, and that will be difficult to get.
"I think the governor and his staff will have their work cut out to be able to get the package passed almost regardless of what the package looked like," Donahue said.
