- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: LA sales tax could rise to 7 percent to eliminate income taxes
Posted on 1/10/13 at 1:51 pm to Catman88
Posted on 1/10/13 at 1:51 pm to Catman88
quote:
Does the state tax groceries for consumption? Cant remember if the stelly tax stuff being repealed took that away or not.
We don't pay taxes on groceries in Texas. Is it not the same in LA?
2
Posted on 1/10/13 at 2:57 pm to tylercsbn9
The problem is the Homestead Exemption is at 75k.
I think for this to pass you are going to have to put a cap on Sales tax so that people living in the cities don't pay 12.5%. Probably cap it at around 10%.
In order to offset it, I wouldn't be shocked to see a movement to lower the Homestead Exemption to 50k.
Not at all positive about the numbers, but you get the general idea.
I think for this to pass you are going to have to put a cap on Sales tax so that people living in the cities don't pay 12.5%. Probably cap it at around 10%.
In order to offset it, I wouldn't be shocked to see a movement to lower the Homestead Exemption to 50k.
Not at all positive about the numbers, but you get the general idea.
Posted on 1/10/13 at 2:58 pm to tylercsbn9
quote:
We don't pay taxes on groceries in Texas. Is it not the same in LA?
We just pay parish tax on food items.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News