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LA sales tax is highest in the nation
Posted on 2/3/17 at 3:29 pm
Posted on 2/3/17 at 3:29 pm
quote:
Louisiana consumers are paying the highest sales tax rate in America—nearly a half-cent more than Tennessee, the next highest state, according to the latest data from the Tax Foundation.
The USA Today Network of Louisiana reports that the distinction is the result of the state Legislature adding an extra penny to its 4-cent state sales tax last year to mitigate budget cuts.
Combine the 5-cent state sales tax with local tolls and Louisiana has an average rate of 9.98%. Tennessee is next at 9.46%.
except that TN doesn't have a state income tax...
Posted on 2/3/17 at 3:30 pm to cgrand
quote:and have the least to show for it
Louisiana consumers are paying the highest sales tax rate in America
ETA: Imagine how bad off we'd be if the state wasn't making millions upon millions on oil and gas taxes
This post was edited on 2/3/17 at 3:32 pm
Posted on 2/3/17 at 3:31 pm to cgrand
And yet we still have horrible roads, failing schools, etc.
Posted on 2/3/17 at 3:32 pm to cgrand
quote:
state income tax...
Does not equal sales tax. What point are you trying to make?
Posted on 2/3/17 at 3:33 pm to Mir
quote:
Does not equal sales tax. What point are you trying to make?
His point is that you can't really compare LA and Tenn. since Tenn. does not have state income tax, therefore, them having a comparable sales tax isn't really that comparable. In other words, LA has a lot of taxes.
Posted on 2/3/17 at 3:34 pm to cgrand
JBE making La great again.
Better than increasing income taxes though.
Better than increasing income taxes though.
Posted on 2/3/17 at 3:34 pm to slinger1317
Wow, so La has Sate income tax and highest sales tax in country?
We so Envy you
Sincerely,
Illinois and California politicians
We so Envy you
Sincerely,
Illinois and California politicians
Posted on 2/3/17 at 3:35 pm to cgrand
One of the most conservative states in the country taking the most from its residents
Oh the hilarity of how well they have fooled you all
Oh the hilarity of how well they have fooled you all
Posted on 2/3/17 at 3:36 pm to rocket31
quote:
rocket31
You seem angry these days. What happened?
Posted on 2/3/17 at 3:37 pm to slinger1317
quote:
And yet we still have horrible roads, failing schools, etc.
I'm so sick of this myth. I've driven through all but 4 states now. Trust me, our roads are better than the national average.
Posted on 2/3/17 at 3:39 pm to cgrand
Somebody's gotta pay to keep the ridiculous amount of public universities (especially HBUs) in this state open.
Posted on 2/3/17 at 3:41 pm to cgrand
This is pathetic.
Yet we still have 9 figure budget deficits
Yet we still have 9 figure budget deficits
This post was edited on 2/3/17 at 3:42 pm
Posted on 2/3/17 at 3:46 pm to cgrand
In Calcasieu ours is 10.75%. Those multi-billion $$$ LNG projects sure are pulling their weight.
Posted on 2/3/17 at 3:49 pm to cgrand
Highest sales taxes but lowest property taxes in the nation
Posted on 2/3/17 at 3:52 pm to slinger1317
quote:
And yet we still have horrible roads, failing schools, etc.
Not that it is going to change anything but the bump is sales taxes is relatively new
Posted on 2/3/17 at 3:52 pm to jefforize
That's what happens when you spend your money before you know how much you have. Maybe we need another 20k state workers
Posted on 2/3/17 at 3:57 pm to cgrand
IF only LA would get it's offshore oil revenues like other states we would be OK. Instead, we get raped by the feds and our lawmakers allow it to happen.
We are also like 6th in state workers per capita. Some downsizing needs to occur.
Do they have homestead exemption like LA?
We are also like 6th in state workers per capita. Some downsizing needs to occur.
quote:
except that TN doesn't have a state income tax...
Do they have homestead exemption like LA?
This post was edited on 2/3/17 at 3:58 pm
Posted on 2/3/17 at 4:00 pm to rocket31
quote:
One of the most conservative states in the country taking the most from its residents
Oh the hilarity of how well they have fooled you all
We have too many takers and not enough contributors. The amount of state workers is also an issue.
Also, read this.
quote:
Louisiana, according to the Web site of the Louisiana Mid-Continent Oil and Gas Association, is the third largest producer of crude and the second largest producer of natural gas, if you include the federally administered leases in the Gulf of Mexico, off Louisiana's shore. Add its oil production to its refining operations, and you'll find that Louisiana either refines and/or produces one-fifth of the nation's oil, according to Timothy J. Haney, a professor of sociology at Mount Royal University in Calgary.
Writing for Truthout of the environmental debt owed Louisiana by the rest of the nation, Haney, a former New Orleans resident, makes the point that if Louisiana were an independent nation, its oil riches would render it a very wealthy one indeed. Instead, Louisiana has more residents living under the poverty level than any other state except Mississippi, its neighbor on the Gulf. Yet in terms of its gross domestic product, Louisiana ranks ahead of Connecticut, which is the nation's third wealthiest state.
The poverty of Louisiana's people and the paucity of its coffers are due in part to the fact that Louisiana, unlike a number of other oil-excavating states, receives no revenues for most of the oil extracted just off its shores; those undersea wells are claimed by the federal government, which in turn claims the riches, the royalties, from the leases of the seabed to such oil giants as BP. More revenues would mean more money, say, for education, a critical element in creating a diverse economy. According to the National Center for Educational Statistics, Connecticut ranks fourth in the nation in its per capita elementary and secondary education spending, while Louisiana ranks 38th.
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