Jindal: Louisiana Should Get Rid of Income Tax - Page 5 - TigerDroppings.com

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Bard
LA-Monroe Fan
BR
Member since Oct 2008
15730 posts
 Online 

re: Jindal: Louisiana Should Get Rid of Income Tax


quote:

Mann's arguments is a substanceless appeal based on emotion. His problem is the shifting of the tax burden from the wealthy to the poor, yet he fails to acknowledge that under the current system the "poor" shoulder hardly any of the state tax burden while being the primary consumer of state benefits. Under this revised tax plan (7% sales tax), the middle class and wealthy will still shoulder a large portion of the tax burden but some responsibility will final fall upon the shoulders of those who need to take responsibility - the consumers of state spending, the "poor."

But we don't need to take my word, nor the word of the irrational Mann. We can simply look at States like Texas and Florida and see the incredible success that has resulted from removing the progress income tax.


I couldn't have said it better myself. The moment I read his first sentence I knew it was going to be a rant driven by emotion-based "facts" rather than logical ones.






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bayoudude
LSU Fan
Houma
Member since Dec 2007
16893 posts

re: Jindal: Louisiana Should Get Rid of Income Tax


Under Jindal's plan the property taxes are untouched right?





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ULalum06
LA-Lafayette Fan
Lafayette
Member since Jun 2012
94 posts

re: Jindal: Louisiana Should Get Rid of Income Tax


1st of all, we don't know what tax breaks he will take off, and what other programs he is going to touch to make this "neutral". Lack of transparency. Jindal sends out memos and press releases...hides on his 4th floor like a recluse. He gives no one the chance to advocate for anything other than his agenda. His late night, last minute agendas he pushes through. The bull shite educational vouchers he mandated. The fact that he is worried more about running for presidency than being Governor of Louisiana. He's physically never here.

Let's talk math...bc regardless of how "emotionally-driven" you think this guys is, numbers don't lie. No homo:

"For a family with income of $500,000, that’s about a $24,000 income tax break, which is only slightly offset by a very modest increase in sales taxes."

"Is that the kind of state we wish to become? According to the U.S. Census Bureau, our state’s average family income is $23,853. So, Jindal is essentially proposing a large tax increase on average Louisiana families, while giving a huge tax break to wealthy families and corporations."

How is this putting the burden on the upper class? This is an invitation to corporations for a wonderful business climate, and I get that....i totally understand that. But geez man, a little transparency....a frickin' interview with the media.






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tylercsbn9
LSU Fan
Tomball, TX
Member since Feb 2004
54631 posts

re: Jindal: Louisiana Should Get Rid of Income Tax


quote:

Jindal’s new revenue plan: impose crushing tax increases on the poo


Deal with it.

Stop being moochers and get some skin in the game.

This will do wonders for business in LA.

Ideally the entire US would switch to a consumption tax rather than an income tax.



This post was edited on 1/11 at 1:55 pm


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bayoudude
LSU Fan
Houma
Member since Dec 2007
16893 posts

re: Jindal: Louisiana Should Get Rid of Income Tax


quote:

How is this putting the burden on the upper class?


My reasoning is that they will inherently spend more and on higher dollar items. Cars, boats, fancy dinners etc. But you will also be adding a whole new set of people to share the tax burden with this plan. There are a shite load of people flying under the radar doing cash business whether it be lawn care, commercial fishing etc. Not to mention all the Mexicans working here claiming ten dependents so that they pay barely any taxes.






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ULalum06
LA-Lafayette Fan
Lafayette
Member since Jun 2012
94 posts

re: Jindal: Louisiana Should Get Rid of Income Tax


quote:

My reasoning is that they will inherently spend more and on higher dollar items. Cars, boats, fancy dinners etc. But you will also be adding a whole new set of people to share the tax burden with this plan. There are a shite load of people flying under the radar doing cash business whether it be lawn care, commercial fishing etc. Not to mention all the Mexicans working here claiming ten dependents so that they pay barely any taxes.


I agree with some of this. If anything it will level the playing field for cash businesses, however; the lower class of people are getting screwed bc they spend more of their income (as a percentage) on NEEDED items.






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bayoudude
LSU Fan
Houma
Member since Dec 2007
16893 posts

re: Jindal: Louisiana Should Get Rid of Income Tax


Yeah for this to be remotely fair to lower income households it would need to exempt food stuffs.





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Fishwater
LSU Fan
Carcosa
Member since Aug 2010
4688 posts

re: Jindal: Louisiana Should Get Rid of Income Tax


quote:

Under Jindal's plan the property taxes are untouched right?


Article from Baton Rouge Business Report


quote:

One change not being considered, an administration source confirms, is higher property taxes. No raising millage rates. No touching the homestead exemption, including at what assessed value the exemption kicks in.






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blowmeauburn
LSU Fan
Baton Rouge
Member since Sep 2006
4295 posts

re: Jindal: Louisiana Should Get Rid of Income Tax


quote:

Under Jindal's plan the property taxes are untouched right?


Article from Baton Rouge Business Report


quote:
One change not being considered, an administration source confirms, is higher property taxes. No raising millage rates. No touching the homestead exemption, including at what assessed value the exemption kicks in.



I just don't see how you can do it without touching it.

I think it plays out like this:

Reps and Sens from city areas will want to cap the Sales tax at around 10% so their citizens aren't paying 13% in some places.

In turn they will move to lower the Homestead Exemption to $50k instead of the $75k it is now.

This will piss off the construction lobby and realtors and this thing will pass on a very very slim margin.






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Antonio Moss
LSU Fan
Baton Rouge
Member since Mar 2006
28739 posts

re: Jindal: Louisiana Should Get Rid of Income Tax


quote:

however; the lower class of people are getting screwed


The largest consumers of state services being required to pay a nominal amount into the state treasury is hardly "getting screwed."

By the same token, anyone interested in the actual progress of Louisiana needs to focus more on how tax policy affects the overall economy and not one sympathetic platitudes of the least among us.



This post was edited on 1/11 at 2:44 pm


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Keltic Tiger
LSU Fan
Baton Rouge
Member since Dec 2006
4217 posts

re: Jindal: Louisiana Should Get Rid of Income Tax


For me, this boils down to trusting Bobby, and nothing he's done gives me any faith in him at all. He has one, and only one agenda, polishing his national resume. As one poster noted, he hides in his office, using all the anti transparency laws he's rammed thru his legislature to keep himself insulated from the La. public. His last public Q&A press conference is going on 2 yrs now. He simply issues press release after press release. This mite well have nothing to do with the "facts", but his reputation colors everything else for me. I do not trust him to act in the citizens' of La. best interests.





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braindeadboxer
LSU Fan
Utopia
Member since Nov 2011
5015 posts

re: Jindal: Louisiana Should Get Rid of Income Tax


I hate to bring this thread from the dead but I saw it earlier and didn't get a chance to ask my question while at work.

What about retired folks who have paid their taxes up front on their nest egg, whatever type of retirement system it may be? Since they have paid taxes up front, everytime they use that money during retirement they will pay a larger sales tax than normal. The increase in sales tax would amount to their retirement being double taxed.... I'm not going to jump up and down and say I love this idea until I know for sure this isn't a knee jerk proposal for political gain that will cause people to be screwed later.






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threeputt
Notre Dame Fan
God's Country
Member since Sep 2008
21743 posts

re: Jindal: Louisiana Should Get Rid of Income Tax


I haven't read all of this but I have said for years that, being a tourist based economy, louisiana having no income ax and raising the sales tax should be a no brainer.





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iluvlsusports
LSU Fan
Somewhere in South Louisiana
Member since Aug 2006
896 posts

re: Jindal: Louisiana Should Get Rid of Income Tax


I totally agree! I like the fact that people who don't live here would be paying into our system and people who don't pay taxes now, but still manage to buy iPhones and flat screens will be paying too. It's the same principle of "The Fair Tax" - great book.





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Tigersfan
Member since Feb 2006
2026 posts
 Online 

re: Jindal: Louisiana Should Get Rid of Income Tax


quote:

If you are a resident, you'd still have to register it in LA, at which time you'd pay the taxes.


Or you could form an LLC in Montana, register it there, and never pay the taxes. Only problem is that you drive around Louisiana with a Montana plate when you may have never even been there. No shit, I know a couple people who have done this. One did it for an RV and saved himself a fortune.






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