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Started By
Message
re: Gov. Edwards set to announce tax plan at press conference
Posted on 3/29/17 at 2:17 pm to ThisWayChad
Posted on 3/29/17 at 2:17 pm to ThisWayChad
quote:
are we going to get more detail on this brilliant tax plan today or is today just for broad strokes
looks like the reporters are tweeting pics of some kind of handout
[eta: the advocate has a rollup
This post was edited on 3/29/17 at 2:19 pm
Posted on 3/29/17 at 2:17 pm to tke857
Cant wait to see what the Republican House and Senate have in mind..........
Oh thats right they wont have anything.
Oh thats right they wont have anything.
Posted on 3/29/17 at 2:20 pm to tke857
quote:
1-3-5% for income taxes....90% of individuals will see a reduction in their state income taxes
But a massive increase elsewhere?
Posted on 3/29/17 at 2:24 pm to upgrayedd
How does this not destroy businesses in Louisiana...and no federal income tax deduction. Great so we are paying taxes on taxes.
Posted on 3/29/17 at 2:24 pm to 90proofprofessional
professional services not taxed; that's probably why the proposed rate is so much higher than ohio's 00.26%
Posted on 3/29/17 at 2:26 pm to 90proofprofessional
i thought he said they would be taxed i.e. grass cutting business
Posted on 3/29/17 at 2:29 pm to tke857
tax tax tax tax tax tax tax tax tax tax.
Posted on 3/29/17 at 2:30 pm to jimjackandjose
quote:
and no federal income tax deduction. Great so we are paying taxes on taxes.
Very few states actually offer this deduction. Most states, you can't deduct federal income tax paid.
Posted on 3/29/17 at 2:38 pm to thatguy777
Tell those businesses that leave because of this that they can come to Alabama.
Posted on 3/29/17 at 2:38 pm to tke857
So far... and I have the right to change judgement as more details come out... but JBE just basically took the worst parts of the Ohio CAT and applied them to LA.
Keeping the CIT, even with a reduced rate, and adding a CAT is insane, unless, unless, paying CAT gives you a nonrefundable, non-carryover credit against CIT.
Keeping the CIT, even with a reduced rate, and adding a CAT is insane, unless, unless, paying CAT gives you a nonrefundable, non-carryover credit against CIT.
Posted on 3/29/17 at 2:47 pm to tke857
quote:
i thought he said they would be taxed
well frick i guess i heard him wrong, had the stream up in another window
i thought he said they wouldn't and mentioned engineers, architects, etc as example. tax business services is one of the main ways this type of tax produces pyramiding, which is one of its main problems that economists point to
ideally you want to focus consumption taxes on the final product only. anyway i guess we'll see the details in the bill. i saw it reported that a Rep Jones will sponsor it
Posted on 3/29/17 at 3:00 pm to 90proofprofessional
quote:
pyramiding,
Everything about this type of tax produces pyramiding.
Unless... you are a vertically integrated company... which is exactly what the large, "tax-evading" companies are. They must be laughing their rear off right now.
Posted on 3/29/17 at 3:00 pm to tke857
thanks for being such an ineffective dipshit that paved the way for this Jindal
Posted on 3/29/17 at 3:02 pm to BilJ
Yeah, but did he sleep around on his wife. Remember that is what is more important.
This post was edited on 3/29/17 at 3:57 pm
Posted on 3/29/17 at 3:17 pm to hashtag
quote:
just wanted to say Thanks Republicans again.
They're going to look like fricking idiots by 2019 after four years of tax and spend out of our asses JBE and they voted for that shite after having hissy fits about hookers and the GOP candidate giving them bad fee fees.
Have you noticed how those JBE voting republicans don't even show their face on this board anymore?
Posted on 3/29/17 at 3:18 pm to tke857
So glad that I am moving out of state.
Posted on 3/29/17 at 3:20 pm to Sentrius
look i have no problem paying a little more taxes if i know they are going towards improvements not paying off climbing debt.
Posted on 3/29/17 at 3:27 pm to tke857
quote:
look i have no problem paying a little more taxes if i know they are going towards improvements not paying off climbing debt.
Problem is that's not what's happening here.
Hell, it isn't even going to pay off the debt, it's just getting as much money as they can to get more people on the dole and grow and maintain a large state government that democrats like JBE and Alario want.
It's not going towards roads, or even the debt.
We're almost halfway to 2019 and we can make the accidental governor and his tax and spend bullshite disappear.
Posted on 3/29/17 at 3:32 pm to Sentrius
It's not going to improvements, or the debt, this is true.
But it's also not going to increased spending, either.
This is basically trying to fix the structural deficit, and replace the extra penny.
But it's also not going to increased spending, either.
This is basically trying to fix the structural deficit, and replace the extra penny.
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