Louisiana needs a fair corporate tax structure that encourages growth, supports local businesses, and ensures that corporations benefiting from our state’s resources contribute their fair share. A progressive corporate tax structure makes sense, particularly because our largest and most successful companies rely heavily on Louisiana’s infrastructure—roads, ports, and utilities—while often reinvesting very little into the communities they depend on most.
I believe we should maintain a corporate tax rate that supports small and medium-sized businesses as engines of local growth, while ensuring that larger, uber-successful corporations—those with the means to pay—are not given unnecessary breaks or incentives. Instead of offering tax favors to corporations that don’t need them, we should invest in the infrastructure and public services that benefit all businesses and communities, creating a competitive environment that attracts growth while building a stronger Louisiana for everyone.
A progressive corporate tax system would hold our largest companies accountable for their outsized reliance on public infrastructure and services, while allowing smaller businesses to thrive without being overburdened. This approach balances growth with responsibility, ensuring that every corporation contributes to the prosperity of the state and the communities they rely on.