Taxes and Tax Reform
Rep. Landry has pushed for progressive tax reform measures, including a millionaire’s tax and reinstating the inheritance tax. The state of Louisiana has continuously cut taxes for the wealthy and large corporations, while slashing essential healthcare and education services badly needed in our poor state. We can’t cut our way to a healthier state.
This year, Rep. Landry passed bipartisan gun safety legislation in Louisiana. HB 247 encourages people, through a tax credit, to buy gun safes & storage devices, to prevent child deaths & gun thefts. The firearm industry reported on the bill approvingly, & the Times-Picayune wrote approvingly on the bill.
Oysters are one of our favorite natural assets. Mandie passed HB 255- “the happiest little bill” - to financially support an oyster-focused coastal restoration program run by the Coalition to Restore Coastal Louisiana. This bill creates a tax credit for restaurants that recycle oyster shells that would otherwise be discarded. The TP also reported on this favorably - on the front page of the paper. The bill incentivizes Louisiana restaurants to recycle oyster shells by providing a tax credit of $1 per 50 pounds of shell they recycle, in order to offset the costs associated with joining shell recycling efforts. Oyster reefs slow coastal erosion, create habitats for new oysters to grow, and help to absorb storm surges during hurricanes and tropical storms.
During the 2021 session, Rep. Landry passed HB 301, which provides a refundable tax credit for funeral expenses related to pregnancy-related deaths.