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MotorbikeMike
LSU Fan
Chackbay
Member since Feb 2009
73 posts

Louisiana Amendments
What's the best resource that explains the intent of the amendments on the Louisiana ballot?


BigJim
LSU Fan
Baton Rouge
Member since Jan 2010
8546 posts

re: Louisiana Amendments
PAR

Www.parlouisiana.org


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21
back9Tiger
LSU Fan
Mandeville, LA.
Member since Nov 2005
5932 posts

re: Louisiana Amendments
I hate pushing anything to do with NOLA.com or the Times Pic., but they had a good write up recently.


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Mr.Perfect
LSU Fan
Louisiana
Member since Mar 2013
14056 posts

re: Louisiana Amendments
No
No
No
No
No
No


BiggerBear
Oral Roberts Fan
North La. Backwoods
Member since Sep 2011
1565 posts

re: Louisiana Amendments
No
No
Yes
No
No
No


AndyCBR
LSU Fan
Baton Rouge, LA
Member since Nov 2012
1879 posts
 Online 

re: Louisiana Amendments
No new laws.
No new taxes.

Thus I voted No to everything except BREC which was a renewal.


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21
thedogman
New Orleans Saints Fan
Member since Dec 2008
1940 posts

re: Louisiana Amendments
Just curious why no to #4?


Mr.Perfect
LSU Fan
Louisiana
Member since Mar 2013
14056 posts

re: Louisiana Amendments
quote:

Just curious why no to #4?


Why on earth should the state tell the local governments what to do with their tax base?

I know i get pissed all the time at the federal government taking away states rights as outlined in the 10th amendment... this is the EXACT SAME THING but instead of federal to state, its state to local.

the state of louisiana generates $0.00 from property taxes. Why should they be allowed to overreach?

If joe blow parish wants to exempt this from their tax base i am 100% for it because its local voters deciding local tax issues.

this is the biggest NO of them all. unless you believe in government overreach.

i get it, its an emotional vote and you will feel like a meanie if you vote no. but thats exactly what must be done.

leave it local because the state has NO STANDING in the issue.


Edit: spelling
This post was edited on 11/7 at 9:11 am


When in Rome
USA Fan
Telegraph Road
Member since Jan 2011
29850 posts

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TSLG
New Orleans Saints Fan
Member since Mar 2014
1326 posts

re: Louisiana Amendments
Usually, no across the board is safe, but I have a lot of yes votes this time. I think I was:

Yes
No
Yes
Yes
Yes
frick no
This post was edited on 11/7 at 9:19 am


CubsFanBudMan
Chicago Cubs Fan
Member since Jul 2008
3299 posts

re: Louisiana Amendments
Why Yes to 3? That's a large tax increase.


Mr.Perfect
LSU Fan
Louisiana
Member since Mar 2013
14056 posts

re: Louisiana Amendments
Your missing one.

And I am blown away you have any yes votes


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10
TSLG
New Orleans Saints Fan
Member since Mar 2014
1326 posts

re: Louisiana Amendments
I disagree on voting no on #4. This exemption will be applicable on so few occasions that I find no reason to vote no. Generally, I take your stance.

How many officers are killed in the line of duty in Louisiana?

Will this be applied retroactively? I may need to go research the numbers a little.


Mr.Perfect
LSU Fan
Louisiana
Member since Mar 2013
14056 posts

re: Louisiana Amendments
You do understand that there are financial remedies in place already for this exact thing right?

And government overreach is OK with you?

Vote no and ask your local government to pass it.


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10
LSUFanHouston
LSU Fan
NOLA
Member since Jul 2009
9333 posts

re: Louisiana Amendments
NO - requirements are fine, let each parish decide, or at worst, put in the RS
YES - fixes a huge problem that should not have ever been in the constitution in the first place
NO - will be a tax increase on smaller businesses, especially if the feds decide to get rid of S corps as has been discussed.
NO - Not something the state should decide. Parishes and cities should have total control over proprety taxes
NO - I am against all new constitutional dedications. We need mroe flexibility, not less.
NO - Need to have no dedications in the constitution, this one gives us MORE


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61
Napoleon
New Orleans Saints Fan
Kenna
Member since Dec 2007
52181 posts

re: Louisiana Amendments
I wish we had a time limit in the voting booth every damn time there are amendments idiots don't read them until they go to vote.

Voting should take thirty seconds or less.



BigJim
LSU Fan
Baton Rouge
Member since Jan 2010
8546 posts

re: Louisiana Amendments
quote:

Why Yes to 3? That's a large tax increase.


No, it's not.

It removes a large tax deduction and then lowers the rate (to a single flat rate).

And it only affects businesses, not individuals.
And it only affects the ~20% of businesses who file as corporations.

And all business groups I have seen (LABI, GNO inc, BRAC, Acadiana One) are all neutral on it. If it was a huge tax increase on business I think they would be out there trying to stop this.



CHEDBALLZ
South Central LA
Member since Dec 2009
13168 posts

re: Louisiana Amendments
There's a 3 Minute time limit I believe. A few years ago I had to bring a cheat sheet in, we voted on like 30 something items, only took me a few seconds.


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LSUTiger88
LSU Fan
Member since Nov 2009
669 posts

re: Louisiana Amendments
quote:

BigJim


Amendment 3 increases taxes and reduces a company's bottom line. As someone already mentioned earlier, the S election may not be around forever and if/when that goes away this amendment will hurt a ton of businesses in Louisiana. There's no real reason to vote yes unless you want to tax Louisiana businesses more.


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01
CubsFanBudMan
Chicago Cubs Fan
Member since Jul 2008
3299 posts

re: Louisiana Amendments
quote:

No, it's not.

It removes a large tax deduction and then lowers the rate (to a single flat rate).

And it only affects businesses, not individuals.
And it only affects the ~20% of businesses who file as corporations.

And all business groups I have seen (LABI, GNO inc, BRAC, Acadiana One) are all neutral on it. If it was a huge tax increase on business I think they would be out there trying to stop this.


I ran the numbers on the company I work for. I then ran hypothetical numbers to see where the break even point is. There is no break even point. The company I work for had about $1.5M of Federal taxable income. Under the current law, they paid $74,250 in LA income tax. The new law would increase the tax to $97,500. A 31% increase is not revenue neutral.

The true revenue neutral flat rate tax is 5.2%. At that rate, everyone pays a little more, but no one pays more than an extra $3,750.

Here's a screenshot of my calculations. I know it's small, but I welcome anyone to correct any mistake I may have made.



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