- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Gov. John Bel Edwards wants big changes in how LA biz, individuals taxed
Posted on 3/17/17 at 11:37 am to KiwiHead
Posted on 3/17/17 at 11:37 am to KiwiHead
quote:
A lot of us bitch when things get tight and the legislature says they may have to raise taxes. We always say well, the state will have to do with less. Fair enough, but no one ever really says what they are willing to do without when it comes to services. We can bitch about the Medicaid expansion , but, we pay for the poor one way or the other when they get sick either through taxes or higher rates on our insurance.
You do realize that they just raised state taxes over a billion dollars. La. Sales tax went from 4% to 5% which was a 25% increase right there.
The current state budget was pegged at 26.9 Billion. Just slightly over 12 Billion dollars comes directly from the Federal Govt. meaning La. generates roughly 15 Billion dollars in taxes and fees, etc a year.
That means La. taxpayers just took a hit of over 7% in state sales tax increases.
With a state in recession is it a good idea to keep raising taxes without cutting the superfluous programs and the pork?
Posted on 3/17/17 at 11:47 am to doubleb
![](https://i.dailymail.co.uk/i/pix/2015/11/22/05/2EAE3B3500000578-3328572-image-a-118_1448168847765.jpg)
fricking morons. But he went to West Point! Honor Code!!!
Posted on 3/17/17 at 12:05 pm to doubleb
quote:
You do realize that they just raised state taxes over a billion dollars. La. Sales tax went from 4% to 5% which was a 25% increase right there.
Yep, in Louisiana that is always the solution...higher sales taxes. I don't like it....but in the end you won't squeal as much about paying 10% in sales taxes as you would paying just 1% more in income taxes although in the end you end up paying more in real dollars over the course of a year....assuming consumption levels stay constant....which they tend to do.
Popular
Back to top
![logo](https://images.tigerdroppings.com/images/layout/TDIcon.jpg)