Gov. Jeff Landry wants to lower income tax rates, repeal the corporate franchise tax and offset the revenue loss with higher sales taxes.

If approved by the full House and Senate, the plan would eliminate the current tax brackets and move the state closer to eliminating the income tax.

Louisiana lawmakers advanced bills to flatten the state’s income tax rate and repeal the corporate franchise tax in a special legislative session focused on a sweeping tax reform package championed by Republican Gov.

Gov. Jeff Landry asked Louisiana lawmakers to update the state's tax code Wednesday as he opened the first day of the state's third special session of the year. Why it matters: If Landry's expansive plan goes through,

Louisiana lawmakers began debating bills Thursday that would revamp the state's tax code by lowering income taxes for all workers while adding sales taxes to services not currently taxed and raising the state sales tax rate permanently.