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re: TOPS payments stopped immediately due to state budget crisis

Posted on 2/11/16 at 6:47 pm to
Posted by Catman88
Baton Rouge, LA
Member since Dec 2004
49125 posts
Posted on 2/11/16 at 6:47 pm to
It sucks but there is no way around it. Loss of business and loss of jobs leads to loss of property. Loss of property taxes, income taxes and payroll and corporate taxes. The state doesn't grow money.

So who is left to pay the taxes? If serious cuts are not made then you tax the people with jobs until they are forced to leave or they join the unemployed as well. But where can you make cuts? Jindal was the devil for cutting the only place he could legally. JBE will learn the same soon unless the constitution is fixed. Extreme cuts to the pork projects and protected pork projects is the only plan that can save this state but you can't do that without a vote and the political will power of the governor to abandon his base.
This post was edited on 2/11/16 at 6:48 pm
Posted by Canard Noir
Houston
Member since Apr 2014
1397 posts
Posted on 2/11/16 at 7:17 pm to
quote:

It sucks but there is no way around it. Loss of business and loss of jobs leads to loss of property. Loss of property taxes, income taxes and payroll and corporate taxes. The state doesn't grow money. So who is left to pay the taxes? If serious cuts are not made then you tax the people with jobs until they are forced to leave or they join the unemployed as well. But where can you make cuts? Jindal was the devil for cutting the only place he could legally. JBE will learn the same soon unless the constitution is fixed. Extreme cuts to the pork projects and protected pork projects is the only plan that can save this state but you can't do that without a vote and the political will power of the governor to abandon his base.


Catman, this was an outstanding post. LA is going the way of Detroit if some serious soul searching isn't done... SOON...

Eventually, there will have to be some major sacrifices that no one will vote for. I hope this move by JBE was for some political shock value because apparently people only get mad when you take something away from them.
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