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Started By
Message
re: LA sales tax is highest in the nation
Posted on 2/3/17 at 4:01 pm to stout
Posted on 2/3/17 at 4:01 pm to stout
quote:
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.
I always hear this claim, but is it true?
1
Posted on 2/3/17 at 4:01 pm to Mo Jeaux
See my next post below that one
Posted on 2/3/17 at 4:06 pm to stout
quote:
For the first 3 miles out from the shoreline, Louisiana -- like other states -- gets to keep 100 percent of any royalties produced by oil and gas drilling. In the most recent year available, 2008, this amounted to $275 million.
Between 3 and 6 miles from the shoreline -- a federally owned band formally known as the 8(g) area -- the federal government sends 27 percent of the royalties to Louisiana. The reasoning is that federal drilling in this area sucks out some of the oil from deposits that span the 3-mile dividing line between state and federal ownership, so these payments are meant to compensate for the lost revenue to states. In 2009, they totaled $22 million and they're estimated to be $32 million this year.
Beyond 6 miles from the shoreline is considered federal territory. For new drilling projects, states get a 37.5 percent share directly to their treasuries and an additional 12.5 percent for state land and water conservation fund projects. The 37.5 percent figure alone amounted to $6.3 million for Louisiana's treasury in 2009, with additional estimated amounts of $558,000 in 2010 and $476,000 in 2011. Existing drilling projects do not currently provide royalties to the states -- a sore point for Louisianans. (More on that later.)
LINK
How are we treated differently than other states?
Posted on 2/3/17 at 4:14 pm to stout
quote:
We are also like 6th in state workers per capita. Some downsizing needs to occur.
The state offers too many services/supplemental funding that city governments should handle. I firmly believe LA would be middle of the pack in state workers per capita if city governments were handled like other states.
Start eliminating that shite, end the tax credits, and have a constitutional convention that allows cuts across the board. We have some of the stupidest people in the country yet we continue divestment in education.
This post was edited on 2/3/17 at 4:20 pm
Posted on 2/3/17 at 4:17 pm to stout
Damn. That's not right
Posted on 2/3/17 at 4:20 pm to cgrand
And still in a 300 million $ hole
Posted on 2/3/17 at 4:57 pm to slinger1317
quote:
horrible roads
Not sales tax, that's excise tax.
Posted on 2/3/17 at 4:59 pm to cgrand
Y'all should have moved to Texas.
Nah, nevermind.
Nah, nevermind.
Posted on 2/3/17 at 5:00 pm to cgrand
Well, corrupt politicians are in dire need of our money to give to their buddies vying for govt contracts.
Posted on 2/3/17 at 5:10 pm to ehidal1
quote:
Highest sales taxes but lowest property taxes in the nation
That's the combination you get when the government does the bidding of the wealthy and landowners and puts the tax burden on the consumer who spends most of his income (thus gets taxed on every penny).
The LA system benefits me, but it is regressive and unfair.
The funny part is that the rich convince all the poor sheep that the sales tax is fair because "everyone pays the same."
Posted on 2/3/17 at 5:15 pm to stout
quote:
We are also like 6th in state workers per capita. Some downsizing needs to occur.
You have the numbers for that? I've tried to find it last week but couldn't
Posted on 2/3/17 at 5:29 pm to cgrand
And have to put your kid in private school
And has terrible infrastructure
And has absurdly high auto insurance rates
It's sad how worthless Louisianas elected officials are
And has terrible infrastructure
And has absurdly high auto insurance rates
It's sad how worthless Louisianas elected officials are
This post was edited on 2/3/17 at 5:31 pm
Posted on 2/3/17 at 5:31 pm to cgrand
It goes to fix i-20 between Shitport and Funkroe - again and again and again and again and again and again
And it's still the worst stretch of hwy in the US
And it's still the worst stretch of hwy in the US
Posted on 2/3/17 at 6:07 pm to ehidal1
quote:
Highest sales taxes but lowest property taxes in the nation
Ding ding we have a Winner! When i told my friends what i pay for property taxes in Florida compared to what they pay in Louisiana they didnt believe me.
This post was edited on 2/3/17 at 6:09 pm
Posted on 2/3/17 at 6:23 pm to cgrand
Surprised nobody has brought up that even with all of LA's state taxes, it is still essentially a ward of Federal Govt and is one of the main "taker" states.
Tax Foundation.org
Tax Foundation.org
Posted on 2/3/17 at 6:27 pm to BrutalBengal
True.
If La would hold back on what is rightfully theirs that number might change.
If La would hold back on what is rightfully theirs that number might change.
Posted on 2/3/17 at 6:30 pm to fightin tigers
Not really. What if LA owed money to Cali and Washington for using MS products, Apple products, etc. It wouldn't end well. They can get oil elsewhere.
ETA I also don't ever see LA cutting a check to its citizens for oil royalties like Alaska. Whoever would own the wells would be obscenely rich, but citizens would have the same jobs they have now.
ETA I also don't ever see LA cutting a check to its citizens for oil royalties like Alaska. Whoever would own the wells would be obscenely rich, but citizens would have the same jobs they have now.
This post was edited on 2/3/17 at 6:34 pm
Posted on 2/3/17 at 6:45 pm to BrutalBengal
quote:
Not really. What if LA owed money to Cali and Washington for using MS products, Apple products, etc. It wouldn't end well. They can get oil elsewhere.
Haha, sure they can. And we can get our technology elsewhere. No state is self sufficient when. You start going to that level.
Posted on 2/3/17 at 6:59 pm to X123F45
Myth my arse. I don't give a shite what you've learned as a truck driver. Our roads are total shite considering what we pay in gas tax alone. And that's not even considering how much else is lacking in this suck arse state.
Posted on 2/3/17 at 7:27 pm to cgrand
10% in Orleans, 9.75% in Jefferson.
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