Doesn't that already happen? Not every Parish has the same sales tax.
But property taxes are much higher than ours. Jindal's plan seems to leave property taxes at current levels
I thought one of the plans had them moving the homestead expt. starting point up $25K. It would still be a $75K expt. but would cover the 25-100K range.
You're entitled to your opinion.
That's all this is
Next year's budget gap grows to nearly $1.2 billion
The board also dropped its expectations for next year's revenue by $207 million. Combined with an already expected budget shortfall announced last month, that means the administration and lawmakers will have to close a nearly $1.2 billion gap when they get to work on the budget.
House Appropriations Committee Chairman Rep. Jim Fannin, D-Jonesboro, gave a grim assessment of the situation after Thursday's meeting and said he saw no sign that either sales tax or income tax revenue would be improving in the near future.
"If we are creating a lot of jobs, the only thing I can conclude is that those jobs aren't paying what the previous jobs were paying," Fannin said, noting that income and sales tax revenue wasn't increasing in the face of improving unemployment numbers and recent announcements of new businesses coming into the state.
Asked whether there was any place in the budget that could absorb the cuts, Fannin said, "I don't know if there was any fat left two or three years ago. But that didn't stop us from cutting based on the Revenue Estimating Conference forecast."