Regional News
New Code To Wipe Out Income Tax, Jindal Says
Friday, January 11, 2013
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DALLAS – Louisiana Gov. Bobby Jindal will propose a revised tax code that replaces billions of dollars from state income and business taxes with a higher sales tax when the Legislature convenes April 8.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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