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re: Louisiana finally has a budget surplus thanks to JBE

Posted on 9/28/17 at 3:16 pm to
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 9/28/17 at 3:16 pm to
that doesn't tell us very much at all about how broad the sales tax is

Posted by doubleb
Baton Rouge
Member since Aug 2006
37504 posts
Posted on 9/28/17 at 3:25 pm to
quote:

that doesn't tell us very much at all about how broad the sales tax is


No, but since you didn't define narrow, I tried to put the amount raised in context.

A one cent tax increase that's projected to bring in 907 million dollars in a fiscal year is a large amount of money when you consider the revenues the state produces in their budget is right over 9 Billion dollars.

Do you think they should get rid of exempted items like food and drugs and make the sales tax base larger?
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