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Louisiana House passes HB 1

Posted on 11/12/24 at 3:31 pm
Posted by stout
Porte du Lafitte
Member since Sep 2006
179175 posts
Posted on 11/12/24 at 3:31 pm
Posted by Sweep Da Leg
Member since Sep 2013
2213 posts
Posted on 11/12/24 at 3:35 pm to
Please please please don’t frick it up senate
Posted by teke184
Zachary, LA
Member since Jan 2007
103104 posts
Posted on 11/12/24 at 3:35 pm to
quote:

Please please please don’t frick it up senate


I’m hoping but not counting my chickens.
Posted by CoachChappy
Member since May 2013
34073 posts
Posted on 11/12/24 at 3:40 pm to
What defines the working poor?
Posted by Midget Death Squad
Meme Magic
Member since Oct 2008
28038 posts
Posted on 11/12/24 at 3:41 pm to
but muh Landry only focuses on tigers and can't multi task
Posted by KajunKouyon
White Castle, LA
Member since Jun 2012
2433 posts
Posted on 11/12/24 at 3:42 pm to
So where will the money come from now if not from income tax?

Honest question
Posted by CP3LSU25
Louisiana
Member since Feb 2009
52570 posts
Posted on 11/12/24 at 3:42 pm to
Where's all the Edward loving peta soy boys at that hated Landry
Posted by BugAC
St. George
Member since Oct 2007
56816 posts
Posted on 11/12/24 at 3:43 pm to
quote:

So where will the money come from now if not from income tax?


The same middle class that pays the majority of taxes.
Posted by Proximo
Member since Aug 2011
21968 posts
Posted on 11/12/24 at 3:44 pm to
What the hell is the working poor?
Posted by LaMigra
Member since Nov 2022
2699 posts
Posted on 11/12/24 at 3:44 pm to
quote:

So where will the money come from now if not from income tax?


It comes from cuts in the state programs that are a drag on everybody that pays taxes!!
Posted by SaDaTayMoses
Member since Oct 2005
4541 posts
Posted on 11/12/24 at 3:44 pm to
EILI5 please
Posted by hashtag
Comfy, AF
Member since Aug 2005
32674 posts
Posted on 11/12/24 at 3:45 pm to
quote:

So where will the money come from now if not from income tax?

Honest question
HB1 doesn't eliminate the personal income tax. It makes it a flat 3%.
Posted by Riverside
Member since Jul 2022
8251 posts
Posted on 11/12/24 at 3:45 pm to
A vastly expanded sales tax.
Posted by Jake88
Member since Apr 2005
77871 posts
Posted on 11/12/24 at 3:46 pm to
But he only cares about the tiger commandments!
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40162 posts
Posted on 11/12/24 at 3:48 pm to
Do the working poor pay any state income tax?
Posted by Jax Teller
Member since Aug 2018
4514 posts
Posted on 11/12/24 at 3:49 pm to
Hate to break it to you guys but this won't pass the LA senate.

Landry will claim it wasn't his fault, take the credit, nothing will change, business as usual.

If I'm wrong, I'll happily take it on the chin with my new golden jaw. But I want to be realistic.
This post was edited on 11/12/24 at 3:50 pm
Posted by tideguy
Member since Dec 2020
284 posts
Posted on 11/12/24 at 3:51 pm to
Plot twist...if they arent "paying" their $1k year in income tax, they can't get their $5k "tax credit" when they file.
Posted by Raptordawg
Youngsville, La.
Member since Nov 2005
561 posts
Posted on 11/12/24 at 3:53 pm to
Just looked it up knew most workers rate was 4.25%


Tax Bracket Tax Rate
$0.00+ 1.85%
$12,500.00+ 3.5%
$50,000.00+ 4.25%

Now, what would piss me off is if they cut income tax rate to 3% then up the sales tax 2%. Would be a Louisiana thing to do.
Posted by SlidellCajun
Slidell la
Member since May 2019
15896 posts
Posted on 11/12/24 at 3:57 pm to
Income taxes are theft

Posted by WeeWee
Member since Aug 2012
43827 posts
Posted on 11/12/24 at 3:57 pm to
quote:

What defines the working poor?


Here is the bill. If I am reading it correctly, there is a 3% tax on net income. There is a $12,500 standard deduction. So I am assuming the definition of working poor is anyone making less than $12,500.
This post was edited on 11/12/24 at 4:08 pm
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