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re: Louisiana raises state taxes in response to Federal tax law change

Posted on 2/16/18 at 8:20 am to
Posted by EKG
Houston, TX
Member since Jun 2010
44208 posts
Posted on 2/16/18 at 8:20 am to
quote:

it is constitutionally mandated

That’s nuts.
And it doesn’t make the situation a lick better.
Posted by Jake88
Member since Apr 2005
68761 posts
Posted on 2/16/18 at 9:09 am to
It's not an increase in the tax rate. It's an increase in withholding. Remember, all governments would rather you overpay over the course of the year and they repay you(after earning returns on your overpayment) rather than you paying them at the end of the year in one large lump.
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