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

Posted on 1/27/24 at 10:14 am to
Posted by boudinman
Member since Nov 2019
5117 posts
Posted on 1/27/24 at 10:14 am to
Get ready for a constitutional convention that tries to lower or do away with the homestead exemption. So all those homeowners that are struggling to find home insurance can pay more in local/state property taxes.
Posted by ragincajun03
Member since Nov 2007
21381 posts
Posted on 1/27/24 at 2:05 pm to
quote:

Get ready for a constitutional convention that tries to lower or do away with the homestead exemption.


You mean the highest homestead exemption in the country?

I guess keeping all our local public school funding and local infrastructure funding centralized in Baton Rouge is better. That way, those needs are highly dependent on the annual prostitution fest…I mean legislative session.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37153 posts
Posted on 1/30/24 at 9:50 am to
quote:

Get ready for a constitutional convention that tries to lower or do away with the homestead exemption. So all those homeowners that are struggling to find home insurance can pay more in local/state property taxes.


The cost of my homestead exemption going away is a small percentage of the amount of income tax I pay to Baton Rouge each year.

Even if they got rid of my homestead exemption PLUS raised property tax rates, even if to the level of what I'm paying Baton Rouge in state income tax... I'd still support such a plan, because I have more faith in parish council / school board than I do in ANYONE in state government.
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