Sales Tax: 4% (prescription drugs exempt, food to be exempt in 2002) Local Sales Tax varies.
Gasoline Tax: 20 cents/gallon
Diesel Fuel Tax: 20 cents/gallon
Gasohol Tax: 20 cents/gallon
Personal Income Tax
Tax Rate Range: Low - 2%; High - 6%
Income Brackets: * Lowest - $10,000; Highest - $50,000 Number of Brackets: 3 Personal Exemptions:**
Single - $4,500;
Married - $9,000;
Dependents - $1,000
65 and older - $1,000
Standard Deduction: Included in personal exemptions Medical/Dental Deduction: Federal amount
Federal Income Tax Deduction: Partial to full
Public Pension Exclusion: Most Louisiana State Retirement Pensions - Exclusion Full
Private Pension Exclusion: 65 and older - $6,000
Social Security Exemption: Full
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