re: Louisiana Budget 101

Correction - Louisiana actually had a budget surplus last year for the first time in many years. It was used to pay down debts and restore the rainy day fund. This shows that if you stabilize the budget, you can grow the economy and reduce taxes.

Here's the thing - you could go from a 5% to a 4.5% and cover basically the same budget when you grow the economy (and yes the income tax thing helps too). If you keep growing the economy, you can continue to lower the tax. But cut too much too fast (like Jindal did) and then you lose a ton of doctors, teachers, and college students to other states and you are in an even bigger hole economically and more businesses leave.

Business know that if you aren't growing, you are dying. Cut too much too fast and you put a big dent in the economy.