BATON ROUGE, La. – The Louisiana Association of Business and Industry (LABI) released the following statement regarding the results of the March 29 election on behalf of President and CEO Will Green.
“Making Louisiana’s business climate attractive and competitive has long been a top priority for the business community, echoed in LABI’s LA Driven strategic plan. To achieve that, we have made clear the need to overhaul Louisiana’s tax code to promote fairness, predictability and transparency.
“Saturday’s result on constitutional amendment 2 makes clear the need to return to the drawing board in order to build consensus on such a critical issue that impacts every Louisianan.
“While this outcome isn’t what we had hoped for, we remain deeply motivated to build on the achievements of the past year. Our commitment to ensuring that Louisiana’s citizens and job creators receive the fair, straightforward tax code they rightfully deserve remains stronger than ever.”
###