Originally published on Fri March 15, 2013 7:50 pm
Gov. Bobby Jindal went before the legislature Thursday to unveil his tax proposal. He wants to eliminate the income tax and says the state can make up the gap with a higher and more expansive sales tax.
The proposal would make Louisiana the state with the highest sales tax in the nation. Combined with local sales taxes, Louisianians would pay an average of 10.75 percent in sales tax. And the state would start taxing things that haven’t been taxed before – like landscaping, haircuts, and cable and Internet services.
More than $2.5 million in unclaimed state income tax refunds are scheduled to be deposited into the state treasury on Friday.
The Advocate reports the money will become unclaimed property, joining more than $500 million in paychecks, apartment deposits, gift certificates, mutual funds and stocks as well as oil and gas royalties currently held by state government because no one has stepped forward to claim them.
Of the 7,462 taxpayers notified by mail about their uncashed checks, 2,173 responded and claimed $1.7 million.