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Message
re: Three things JBE could do to reduce deficit without all his new taxes & without cutting--
Posted on 4/7/17 at 11:33 am to I B Freeman
Posted on 4/7/17 at 11:33 am to I B Freeman
Also:
End Quality Jobs: 291M
End Enterprise Zone: 47M
End S Corp: 504M
End Inventory/Ad Valorem: 210M
End Fed Income Tax Deduction: 175M
End Quality Jobs: 291M
End Enterprise Zone: 47M
End S Corp: 504M
End Inventory/Ad Valorem: 210M
End Fed Income Tax Deduction: 175M
4
Posted on 4/7/17 at 11:35 am to 90proofprofessional
quote:
End Fed Income Tax Deduction: 175M
will cost hard working Louisiana taxpayers
Posted on 4/7/17 at 12:19 pm to 90proofprofessional
End S-Corps? Do you understand what you're saying? That's asinine. S-Corps are flow through entities. Those dollars are already being taxed on the individuals returns.
Eliminating the Fed Inc Tax deduction will impact a large portion of LA citizens. Another terrible idea.
Eliminating the Fed Inc Tax deduction will impact a large portion of LA citizens. Another terrible idea.
Posted on 4/7/17 at 12:37 pm to 90proofprofessional
quote:
End Quality Jobs: 291M End Enterprise Zone: 47M End S Corp: 504M End Inventory/Ad Valorem: 210M End Fed Income Tax Deduction: 175M
Posted on 4/7/17 at 7:29 pm to 90proofprofessional
quote:
End Enterprise Zone: 47M
That's actually one of the best programs the state does. encourages businesses to hire poor people, so they won't be poor anymore.
quote:
End S Corp: 504M
What does this even mean and where is this number coming from? S Corps, pay taxes at the shareholder level.
quote:
End Inventory/Ad Valorem: 210M
I'd be ok with this, but it's a tax increase on business. Do you know what the purpose of this credit is?
quote:
End Fed Income Tax Deduction: 175M
Takes a vote of the people. They tried that in the fall for corps... it failed.
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