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re: Neil Riser's Bill Eliminates Personal Income Tax in LA

Posted on 4/3/24 at 11:32 am to
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120728 posts
Posted on 4/3/24 at 11:32 am to
quote:

question for the floor: how high of a sales tax would you be willing to take if it meant no income and property taxes?


Whatever it takes to make up the deficit.

Sales taxes force everybody to pay their fair share
Posted by Tiger Prawn
Member since Dec 2016
22046 posts
Posted on 4/3/24 at 11:52 am to
quote:

Whatever it takes to make up the deficit.

Sales taxes force everybody to pay their fair share
Playing devil's advocate here...

LA sales tax rate is already 2-3% higher on average than MS and TX. If you raise the sales tax too much higher, now you're just encouraging people to either shop online at sites that don't automatically add sales tax or make the extra drive to MS or TX to make their big ticket purchases because the sales tax difference is worth the trip.

So it seems like you'd want to be careful about raising the sales tax so as not to hurt brick and mortar retailers in the state, especially it towns close to the state line.
Posted by yakster
Member since Mar 2021
1496 posts
Posted on 4/3/24 at 4:54 pm to
Not so, you heard about them ebt cards?
Posted by Lonnie Utah
Utah!
Member since Jul 2012
24190 posts
Posted on 4/3/24 at 7:51 pm to
quote:

Sales taxes force everybody to pay their fair share


Not if folks don't buy anything...
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