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re: Louisiana finally has a budget surplus thanks to JBE

Posted on 9/27/17 at 10:00 am to
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 9/27/17 at 10:00 am to
quote:

Louisiana really needs to diversify the tax base and have a stable model that won't fold every time the oil and gas market dips.

people need to quit thinking oil & gas will ever support our state government again, it doesn't now and won't in the future. in fact it will support less and less as shale production continues to increasingly dominate. it can't be done here like it can in other places

louisiana production is on a steep, long-term decline and it ain't coming back. gambling, marijuana, or online sales taxes won't bail us out either.

we're going to have to actually finally pay our own way
This post was edited on 9/27/17 at 10:01 am
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
28069 posts
Posted on 9/27/17 at 10:11 am to
quote:

people need to quit thinking oil & gas will ever support our state government again, it doesn't now and won't in the future. in fact it will support less and less as shale production continues to increasingly dominate. it can't be done here like it can in other places



Gave you an upvote on this

Now shut your whore mouth with all this talk of paying our own way, etc. This is Louisiana, we won't do that and when the money is not there for basic services or education, we'll blame the politicians and their "corruption" as we always do.....It's safer that way.
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