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re: New state law requires all ticketed events to be taxed- including athletics

Posted on 4/28/16 at 11:55 am to
Posted by BroPaterno
Member since Mar 2016
121 posts
Posted on 4/28/16 at 11:55 am to
quote:

Doesn't change anything about what I said. He's the governor for the next 4 years, and this is one of the most difficult times in the state's history. I'd say the exact same thing if Vitter had one.

I don't think taxing the crap out of your citizens is the answer. Most of whom are also in a financial crisis.
Posted by lsu2006
BR
Member since Feb 2004
39978 posts
Posted on 4/28/16 at 11:57 am to
quote:

Entitlements aren't the problem these days.

They aren't but it's an easy talking point for lazy people to throw out to sound educated.
Posted by OceanMan
Member since Mar 2010
19961 posts
Posted on 4/28/16 at 11:57 am to
quote:

First, sales taxes affect the poor more significantly than the rich.


I would say this is debatable, but not as it pertains to this discussion.

quote:

So, your "redistribution of wealth" theory doesn't make sense.


This is pretty much accurate though. Anything that is a straight increase in rate across the board is just an increase to COL. Sure, some groups will be affected more than others, but the goal here is revenue generation. This is a change, but let's not compare it to the Federal Tax system, which has many hidden rules beyond tax rates that favor certain individuals.

People need to pick their battles. Any tax increase cannot blindly be deemed "wealth redistribution". In fact, I would argue that the elimination of tax exemptions, by any level of taxing authority, typically puts citizens on a more level playing field.

I say this all of the time; taxes are all about how you spend, not how much you make. Tax rates are simply the tip of the iceberg.

quote:

Second, the state is in pretty dire financial straits. Either they could cut tax breaks to businesses, or they could raise taxes.


And this is an ugly truth. Sometimes you are put in a situation that you have to forget about how you got there, but when you are in a bad situation, take unpopular steps to get out.

This addition to the tax code is a mess; I think that it was rushed and administration does not seem to have been considered. For something to be implemented and phased out on the state level within 2 years, just doesn't make sense to me. However, the state needs money, and this seems like a logical whole to increase the tax base.
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 4/28/16 at 12:03 pm to
quote:

I don't think taxing the crap out of your citizens is the answer. Most of whom are also in a financial crisis.



Is he taxing consumption or just raising general taxes?

There's a very distinct difference IMO.
Posted by WhoDat37
Member since Mar 2016
431 posts
Posted on 4/28/16 at 12:04 pm to
quote:

I don't think taxing the crap out of your citizens is the answer. Most of whom are also in a financial crisis.



Cool, but that really doesn't have to do with what you originally responded with. It was just another childish statement that we consistently see these days.

What would you do to meet the immediate shortage that Louisiana is facing right now? It is easy to say something isn't the answer without proposing an alternative and viable solution

Also, what qualifies as "taxing the crap out of your citizens"?

Rabble rabble rabble. That's what keeps coming up. I've yet to hear this board propose alternatives that the governor can reasonably do to fix the immediate deficit the state is facing.
This post was edited on 4/28/16 at 12:13 pm
Posted by Cadello
Eunice
Member since Dec 2007
47778 posts
Posted on 4/28/16 at 12:06 pm to
Hard to believe we have this many liberals posting.
It's hard to follow an ideal that encourages people to not work and takes money from hard working Americans to enable them to do so.
I wouldn't have thought that football programs that encourage young people that working hard pays dividends would have this many fans that support just the opposite.

Posted by OceanMan
Member since Mar 2010
19961 posts
Posted on 4/28/16 at 12:08 pm to
quote:

Our state is so far behind over states in terms of overall tax policy


Which states specifically would you point to? I'm assuming maybe FL and TX but who else?

quote:

We desperately need to broaden the base and lower the rate across the board...sales, income, property etc.


I'm seriously not trying to argue, I'm genuinely curious; I always considered LA to have a somewhat simple state tax policy, but I suppose that is when I compare them to more extreme states. How do you increase the base other than eliminating exemptions, specifically with income taxes. Are you referring to Corp tax primarily?
Posted by lsu2006
BR
Member since Feb 2004
39978 posts
Posted on 4/28/16 at 12:09 pm to
quote:

Hard to believe we have this many liberals posting.
It's hard to follow an ideal that encourages people to not work and takes money from hard working Americans to enable them to do so.

Such substance. Very facts. Wow.
Posted by Stud Bud
MS But travel all over the country
Member since Sep 2015
6958 posts
Posted on 4/28/16 at 12:10 pm to
quote:

Reduce entitlements programs maybe state could find money for road maintenance.


OR

put those people's asses to work who just sit around collecting a check performing the road maintenance. Get some shite done.
Posted by Cadello
Eunice
Member since Dec 2007
47778 posts
Posted on 4/28/16 at 12:13 pm to
Very facts lol.

Keep down voting me you blood sucking leeches. You already got my money.



P.S. Geaux Buga!
Posted by Jester
Baton Rouge
Member since Feb 2006
34217 posts
Posted on 4/28/16 at 12:15 pm to
quote:

I would say this is debatable, but not as it pertains to this discussion.


It's debatable, but one side of that debate is absolutely wrong. Sales tax is the most regressive tax there is. Rich people spend a much lower percentage of their money on goods and services than poor people who spend nearly every dollar they earn. Thus the poor pay 10% of every penny they earn while the rich pay 10% on a fraction of their pennies.
This post was edited on 4/28/16 at 12:19 pm
Posted by OceanMan
Member since Mar 2010
19961 posts
Posted on 4/28/16 at 12:17 pm to
quote:

It's hard to follow an ideal that encourages people to not work and takes money from hard working Americans to enable them to do so.


I think that this is a temporary financial issue, and should be looked at as such. I just don't see how this specific example justifies broadening the scope of the conversation as to what tax rev is actually spent on in the Long-Term. It is way more complicated than many of you are making it out to be, most of our "entitlements" come from Federal Revenue allocated specifically for those programs. In other words, a lot of those costs are already funded, it is the more local costs that we need to come up with.

If we stop calling eachother liberals/dems/commies because "higher taxes" come out of our mouth, or conservatives/right-wingers/fascists because we say "cut entitlements", maybe we wouldn't all feel so defensive and divided and could potentially even solve problems, rather than just forcing compromises for every single issue we face. In other words, either bother to educate yourself on the issue, or stay out of the conversation altogether.
Posted by Cadello
Eunice
Member since Dec 2007
47778 posts
Posted on 4/28/16 at 12:17 pm to
I think this thread should be moved to the Poli Board.
Posted by Jester
Baton Rouge
Member since Feb 2006
34217 posts
Posted on 4/28/16 at 12:17 pm to
quote:

I wouldn't have thought that football programs that encourage young people that working hard pays dividends would have this many fans that support just the opposite.


No doubt. College athletes make bank for working their asses off......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
Posted by Screaming Viking
Member since Jul 2013
4426 posts
Posted on 4/28/16 at 12:25 pm to
Jester, you are right.


I'm retarded

Posted by OceanMan
Member since Mar 2010
19961 posts
Posted on 4/28/16 at 12:39 pm to
quote:

It's debatable, but one side of that debate is absolutely wrong. Sales tax is the most regressive tax there is. Rich people spend a much lower percentage of their money on goods and services than poor people who spend nearly every dollar they earn. Thus the poor pay 10% of every penny they earn while the rich pay 10% on a fraction of their pennies.


Ok, let's keep this simple. You are a business owner, offering low cost food options, inclusive of tax; let's say your whole menu is under $1. The state raises sales tax by 2%. You know that your customers are your customers because of the low prices, and will notice the difference if your price reaches beyond $1. You decide to impute the added tax, which cuts directly into your bottom line.

Or, for this particular situation, lets say we have a wealthy person, who now devotes all of his time/energy and income into a non-profit benefiting local starving children. He hosts a fundraiser, offering $500 per head entrance fee, without knowledge of the tax, and sells out the tickets. After the event, he learns of the tax. He now can either ask for the taxes he should have earned from the donors, or impute the tax from the actual donations, and inform the donors that this amount is sales tax, and may not be deductible from taxes depending on if they deduct property taxes/itemize at all (deduct contribution via business). That added taxes may be imputed, and in this case, not going into the mouths of those starving children.

So you can see that, as it pertains to this discussion, it isn't beneficial to debate. But, to say sales tax affects one class far more than another, simply by pointing to end-user transactions is a bit foolish. I mean, those goods had to be purchased before they were purchased by the end-user, right?

ETA: I don't really see the point in comparing the richest people to the poorest people either. Most of the people in this country fall in the middle, and those are the ones that need to be focused on when discussing "absolutes".
This post was edited on 4/28/16 at 12:42 pm
Posted by nogoodjr
Member since Feb 2006
795 posts
Posted on 4/28/16 at 12:47 pm to
quote:

It's debatable, but one side of that debate is absolutely wrong. Sales tax is the most regressive tax there is. Rich people spend a much lower percentage of their money on goods and services than poor people who spend nearly every dollar they earn. Thus the poor pay 10% of every penny they earn while the rich pay 10% on a fraction of their pennies.


This is small view of the total picture. Look at effective tax rate and the poor are not paying more. Anyone who would meet the definition of poor pays zero in income taxes. NOTHING, ZERO, ZILCH. As a matter of fact, with the earned income tax credit, the poor make money off the income tax system as it sits now. If a doctor living in New York City make 500K a year, his income taxes alone will be over 40%. Add in his sales taxes, property taxes, ect and he will easily surpass 50%.

The guy making 16,800.00 working for minimum wage and renting an apt. pays zero income tax, zero property tax. Even if he spends 15,000 a year on consumption purchases he will pay 8-10% of his income in taxes.

Factor in that he will probably be receiving food stamps and subsidized housing his effective rate is even less.

All taxation is income distribution. We didn't even account for the fact that the high wage earner will have to pay taxes on profits from investments, sales of property, and estate taxes when he dies.
Posted by Mickey Goldmill
Baton Rouge
Member since Mar 2010
22996 posts
Posted on 4/28/16 at 12:55 pm to
quote:

Citizens can never give enough money to the government. Zero budgeting would help but only when politicians want to control spending.
Reduce entitlements programs maybe state could find money for road maintenance.


This was a tax exemption that is now temporarily being removed. That could be viewed as a handout/entitlement in itself.
Posted by WhoDat37
Member since Mar 2016
431 posts
Posted on 4/28/16 at 12:57 pm to
quote:

This is small view of the total picture. Look at effective tax rate and the poor are not paying mor


I don't think anyone would disagree with that, but that isn't what was being debated. That actually furthers the argument of why libs tend to be against sales tax increases as opposed to income or property tax

quote:

and estate taxes when he dies. 



Not related to your post, but I wonder how many people in Louisiana would qualify for the estate tax

This post was edited on 4/28/16 at 1:00 pm
Posted by LSUSilverfox
Member since Jun 2007
2689 posts
Posted on 4/28/16 at 1:10 pm to
quote:

Looks like it may include concessions as well


May have been mentioned but how in the hell are the kids that work in the concession stands going to do this math in their head? Twenty-five cent intervals are hard enough on them, just wait until they have to add 10%.

This post was edited on 4/28/16 at 1:11 pm
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