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LA sales tax could rise to 7 percent to eliminate income taxes

Posted on 1/10/13 at 9:43 am
Posted by BayouNation
Member since Sep 2008
2009 posts
Posted on 1/10/13 at 9:43 am
LINK

For or against?

What are sales tax rates in other states with no income tax?

Posted by UncleLogger
Freetown
Member since Jan 2008
2702 posts
Posted on 1/10/13 at 9:49 am to
Yes please.

Posted by Catman88
Baton Rouge, LA
Member since Dec 2004
49125 posts
Posted on 1/10/13 at 9:52 am to
Hell yea
Posted by kennypowers816
New Orleans
Member since Jan 2010
2446 posts
Posted on 1/10/13 at 9:58 am to
And no mention of a potential effect on property taxes. Interesting.

TX has no inc tax, but state sales tax is 6.25% and property taxes are much higher than LA.

I know LA has hung its hat on low prop taxes so I wonder if the rise to 7% would be enough to eliminate inc tax and keep prop taxes low.

But as a TX resident with plans to move back home eventually, I would totally be for it.
Posted by rmc
Truth or Consequences
Member since Sep 2004
26559 posts
Posted on 1/10/13 at 10:08 am to
Sales tax in EBR would be like 12.25% or so. I'd take that all day over state income tax though.
Posted by Teddy Ruxpin
Member since Oct 2006
39611 posts
Posted on 1/10/13 at 10:13 am to
Would love it. Also would still be in favor if property taxes went up to compensate as well.

As least you can choose how and when to pay these taxes.
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47149 posts
Posted on 1/10/13 at 10:15 am to
If Jindal gets this passed he will be the greatest Gov this state has ever seen.

Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69945 posts
Posted on 1/10/13 at 10:45 am to
I live in Chesapeake, Va and the Tax man rapes me in every hole. State income tax, sales tax, City tax, dining tax, tourism tax, and some of the highest property taxes in the US. Can't wait to get out of here.
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
11831 posts
Posted on 1/10/13 at 10:50 am to
I would take an additional 3% State sales tax to swap out the state income tax in a heart beat.

keep the same waiver on food and medicine.

i paid $1500+ in state taxes on my pay stub last year, i would have to spend $50,000 (every year) to rack up $1500 with the additional 3% sales tax.....
Posted by LSUsCRYSTALball
Member since Dec 2012
1709 posts
Posted on 1/10/13 at 11:49 am to
For
Posted by Solo
Member since Aug 2008
8245 posts
Posted on 1/10/13 at 12:14 pm to
Please please please
Posted by Billy Mays
Member since Jan 2009
25290 posts
Posted on 1/10/13 at 2:57 pm to
As much as I love paying jack shite for property taxes, I support this.
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 1/10/13 at 6:05 pm to
FL is 6.5% and extremely high property taxes.
Posted by MikeD
Baton Rouge
Member since Jan 2004
7295 posts
Posted on 1/10/13 at 6:56 pm to
I would be for this.

At some point, the Amazon loop hole will be closed though.
Posted by Oizers
Member since Nov 2009
2647 posts
Posted on 1/10/13 at 11:25 pm to
For states that have changed to no state income tax, are there any stories of companies getting bold and lowering their pay scales? The only reason I ask is because I wouldn't put it past my employer to do something like that.
Posted by CalcuttaTigah
Member since Jul 2009
773 posts
Posted on 1/11/13 at 7:47 pm to
It is certainly a topic worth debating. You have to wonder what would happen if we did eliminate the income tax and simply relied on sales tax. If we run into another economic turndown, La would be in quite the pickle. In a way, we would be handcuffing the state's wellbeing to the health of the national economy. We would likely see an increase in property taxes to curb the risk.
This post was edited on 1/11/13 at 7:48 pm
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 1/12/13 at 8:00 am to
I'm pretty sure sales tax in Arkansas is north of 9% and we have income tax of 7%.
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