Governor Jeff Landry joins the show to discuss Amendment 2, emphasizing its importance for Louisiana's future. He explained that Amendment 2 is part of a broader effort to reform the state's constitution, focusing on Article 7, which deals with revenue generation.
This amendment aims to streamline government operations and make the state more financially responsible.Landry highlighted that Amendment 2 includes a significant income tax reduction, the largest in the state's history, lowering the rate to a flat 3%. This change is designed to eventually eliminate income tax in Louisiana, providing financial relief to residents, especially seniors, and making the state more attractive for retirees who might otherwise move to states like Florida or Texas. The amendment also proposes a permanent pay raise for teachers, funded by reducing interest payments to Wall Street banks and reallocating funds from underutilized educational accounts. This move aims to end the long-standing issue of teachers' pay being a political football.
Additionally, Amendment 2 seeks to limit government spending growth, preserve existing homestead and religious exemptions, and work with local governments to eliminate the inventory tax, which is seen as a barrier to business entry.Landry pointed out the momentum in Louisiana, with significant private investments, including a $10 billion AI center by Meta in North Louisiana and an $18 billion expansion in Plaquemines Parish. He stressed that continued support for these reforms is crucial for maintaining this positive trajectory.In addressing concerns about religious exemptions, Landry assured that the amendment would not alter current protections. He emphasized his track record in protecting religious liberties and criticized misinformation that suggested otherwise.
Overall, Landry urged voters to support Amendment 2, highlighting its potential to drive economic growth, improve infrastructure, and enhance the quality of life for Louisiana residents.
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