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re: Real estate in BTR is stupid right now.

Posted on 8/29/16 at 9:57 am to
Posted by doubleb
Baton Rouge
Member since Aug 2006
36432 posts
Posted on 8/29/16 at 9:57 am to
quote:

Louisiana will triple or quadruple property taxes while increasing income taxes


Louisiana collects no property taxes now so how will they double, triple or quadruple???
Posted by AwesomeSauce
Das Boot
Member since May 2015
7907 posts
Posted on 8/29/16 at 10:05 am to
quote:

Louisiana collects no property taxes now so how will they double, triple or quadruple???

I think he meant Louisianans will pay more due to the Parish and Local governments having to compensate for more and more lost state dollars with the expansion of programs in the state and corruption. I look for JBE to spend the money as wisely as Blanco did, then for constitutional amendments to come up where politicians politic their base to protect this money because xyz, when xyz is really their retirement fund due to kickbacks from contractors. You would think the people of Louisiana would get fed up with the corruption and mismanagement, but we keep re-electing state reps who are part of the problem and keep voting on constitutional amendments that continue to drive budget numbers through the ceiling and beyond what the state can afford.
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