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Message
re: La. issued 251 million in tax credits in 2013.
Posted on 6/2/14 at 1:50 pm to doubleb
Posted on 6/2/14 at 1:50 pm to doubleb
quote:
Not Freeman, but the state would have 200 million more dollars to spend, or 251 million dollars of tax cuts they could give to its citizens.
The state could spend 251 million on roads, bridges, and port improvements. Things the state is there to do.
Where would this $200M or $251M come from?
1
Posted on 6/2/14 at 1:58 pm to CajunAlum Tiger Fan
quote:
Where would this $200M or $251M come from?
The state auditor says that in 2010 197 million in tax credits resulted in 27 million in tax receipts costing the state 170 million.
I estimated that the 251 million in tax credits from 2013 brought in 50 million in tax receipts (I was being generous); thus the state lost 200 million dollars in taxes on this program.
If there was no program, the state would be at least 200 million ahead.
And of course the money comes from La. taxpayers.
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