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re: Jeff Landry transition committee calls for phasing out corporate and personal income taxes

Posted on 1/27/24 at 9:58 am to
Posted by Screaming Viking
Member since Jul 2013
4485 posts
Posted on 1/27/24 at 9:58 am to
quote:

Jeff Landry transition committee calls for phasing out corporate and personal income taxes
quote:

Jeff Landry transition committee calls for phasing out corporate and personal income taxes


On face value, I love this. However, the devil is always in the details. Also, as a general rule, I do not trust politicians. No matter the letter next to their name.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51795 posts
Posted on 1/27/24 at 11:34 am to
quote:

On face value, I love this. However, the devil is always in the details.


This. We already have a fairly dysfunctional DOTD (anyone remember how many contractors they went through just to widen I-10 years ago?), for example. While I am sure there are lots of cuts available, somewhere around 1/3 of the state's revenue comes from income tax so at least some of that money will need to be collected from other sources.

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