BATON ROUGE — Facing certain defeat, Gov. John Bel Edwards gave up Tuesday on his effort to levy a new tax on business sales to help stabilize Louisiana’s budget, a move that throws his budget-balancing tax plan into disarray.
Rep. Sam Jones, a Franklin Democrat who sponsored Edwards’ proposal, pulled the bill after two days of hearings in the House Ways and Means Committee because of insurmountable opposition from the conservative, majority-Republican committee.
“The votes were not there,” Jones said.
The administration doesn’t intend to revive the proposal to enact a tax on a company’s gross receipts amid strong opposition from lawmakers who