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re: La., third straight year of no sales tax growth
Posted on 8/27/14 at 3:39 pm to doubleb
Posted on 8/27/14 at 3:39 pm to doubleb
quote:East Baton Rouge's sales tax collections were up 4.9% year over year as of June, excluding auto sales.
boom Holden
Auto sales taxes were up 5.9% for the same period.
That's pretty good, I'd say. But you always prefer to be negative for anything to do with EBR......
LINK
Posted on 8/27/14 at 4:04 pm to LSURussian
quote:
East Baton Rouge's sales tax collections were up 4.9% year over year as of June, excluding auto sales. Auto sales taxes were up 5.9% for the same period. That's pretty good, I'd say. But you always prefer to be negative for anything to do with EBR
I linked an article regarding the state's finances which said the sales tax revenues were flat. Leaders here in BR both Holden and Jindal would have you think a boom is going on in this state and in this region.
The link you provided was for BR area employment figures which show unemployment increasing from May to June after dropping from the previous year's highs.
Unemployment is over 5% again. I wouldn't call this a boom. And if sales tax revenues rose in BR from one July to the next, that still doesn't help the overall state revenues which are flat.
Further research I did showed sales tax rev collections in EBR were flat from 2012 to 2013. If collections have increased for the year 2014 then that's certainly good news for EBR.
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