Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the U.S., consumption tax comes in the form of retail sales tax and excise tax (tax imposed on certain ...
Louisiana House Bill 10 will temporarily increase the state rate from 4.45% to 5% until Dec. 31, 2029. After Dec. 2029, the sales tax rate will reduce to 4.75%. Sales Tax Institute says that ...