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re: Louisiana finally has a budget surplus thanks to JBE
Posted on 9/28/17 at 3:04 pm to islandtiger
Posted on 9/28/17 at 3:04 pm to islandtiger
quote:
Kind of misleadimg when taken out of context.
How is it misleading, we have the highest sales tax in the country.
La. is one of the poorer states in the nation, We have more than our fair share of poor people.
Does it make since to have the highest sales tax rate in the nation when you know that people of little means pay the same as middle class and upper class people do?
JBE raised state revenues from right over 8 million dollars a year to over 9 million dollars a year by raising taxes 1.2+ BILLION dollars. The increase was over 10% overall.
The state sales tax jumped from 4 cents to 5 cents, which was a 25% increase.
Now we learn we have a surplus, and some here are acting as if JBE is some kind of fiscal wizard.
Wooptie doo.
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