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Started By
Message
re: Gov. John Bel Edwards wants big changes in how LA biz, individuals taxed
Posted on 3/17/17 at 12:05 pm to doubleb
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.
2
Posted on 3/17/17 at 12:23 pm to KiwiHead
I've been squealing ever since they raised taxes under JBE and failed to cut pork, welfare credits and the like.
Posted on 3/17/17 at 12:23 pm to KiwiHead
I don't get the opposition from conservatives regarding these tax changes. Consumption taxes are often advocated by conservative think tanks as an alternative to income taxes. And this GRT is being implemented in places like Texas that are considered very business friendly. Overall, this tax plan could pass as the work of a conservative.
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