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Started By
Message
re: Does JBE win re-election?
Posted on 11/14/19 at 5:37 pm to JKChesterton
Posted on 11/14/19 at 5:37 pm to JKChesterton
quote:
Really I am an idiot for not supporting we would faaar the President , provost, AD, Coach , etc the guy sounds like an idiot
Yep..... Idiot
1
Posted on 11/14/19 at 5:44 pm to DeltaDoc
Going to depend on who turns out more. Souls to the polls helped JBE tremendously with EV, but I doubt the same type of D turnout on Election Day. It’s gonna be really close.
Posted on 11/14/19 at 5:48 pm to doubleb
quote:
The chicken or the egg.
May of 2018 they raised sales taxes .45 cents. If they did not, we would still have a surplus. If Trump's tax cut wouldn't have happened, we'd have an even bigger surplus.
Edwards was asked during a debate if he'd roll back taxes, he said no. He wants to keep it for the state.
With Edwards the state comes first. That's the problem. He doesn't put people first.
Well here is my take on the tax thing. What has actually happened as a result of Trumps Federal tax law change in 2017 is that Louisiana's tax code is defacto back to the Stelly plan, which IMO, should have never been undone. So all the folks responsible for it, Ms. Blanco, God Bless her soul, MR. JIndal, JBE who voted to repeal it, and all the others, caused the so called fiscal cliffs LA had starting say in 2012-2013 to here recently.
LA's state tax code is tied to the Federal tax code in some ways different that most other states. Historically, if you itemized your deductions, excess itemized deductions on your Federal return, i.e. lets say those not meeting the requirements to take them, could be deducted on the state return. If you took the Federal Standard Deduction, that state tax code provision for itemized deductions did not apply to you. Well, the Federal Standard deduction has basically been doubled so more and more LA taxpayers, me included, who use to itemize on the FED return, now go standard deduction. That means you lower your Federal taxes, but you might pay a little more in State LA tax given how are laws are written relative to the Federal.
So here is my position, I think you will here Economist, Tax attorneys, tax CPAs, etc say that LA's budget and revenue estimates for the next few years are in relatively good shape and we are in terms of fiscal policy, back to where we were under Stelly. So with these Surpluses, rather than "Spend the money" and start cutting taxes again, put it into General Fund Surplus accounts and use it in the future to plug budget holes rather than 1)Gutting HIgher ED, which Jindal did in fact do and 2) raising the sales tax, which JBE did.
After a few years under this new fiscal reality (i.e. Defacto, back to Stelly plan in essence), if we can keep are budget in order, i.e. spending on the right things, Higher ed, infrastructure under with the tax revenues we are getting now, then you can roll back the sales tax to what it was in the said Stelly era which was 4%.
My concern is that Rispone will do what Jindal did. JBE at least has said he regrets gutting Stelly. Well, we are in fact in reality back to a tax structure that we were in the Stelly plan era 2001 to 2007 before Ms. Blanco signed the first of the roll backs, then Jindal did the rest of them, except for the 4.45% vs. 4% sales tax.
My hope leave the state tax code alone for 2 years and if we can keep the fiscal house in order, then to a tax cut on the 4.45 sales tax and bring it back to the 4% in the Stelly era.
Posted on 11/14/19 at 5:50 pm to Thunder
quote:
ep..... Idiot
Your quote speaks volumes about you as a person. No ability to think critically and civilly debate. You want to vote for MR. Rispone fine, that is your business and your right to do so. Good day to you.
Posted on 11/14/19 at 6:01 pm to JKChesterton
quote:
Your quote speaks volumes about you as a person. No ability to think critically and civilly debate. You want to vote for MR. Rispone fine, that is your business and your right to do so. Good day to you.
I am done laughing and making light of liberals. You are the guy that loves higher taxes and chasing our kids out of the damn state. You love paying high insurance rates and being 50th in everything and last but not least you are the guy that I'm personally gonna go and cancel your vote!
Posted on 11/14/19 at 6:09 pm to BigJim
quote:
So you realize it was an over-the-top threat, and find it sad, but you make your peace with it because he needed to do what he needed to do?
That a fair representation?
BigJim you are someone who I don't mind engaging with. I think it was politically not smart to do what he did. Now, on the other hand, it is sad that it took the mention of LSU football for people to get serious about getting the so called "fiscal cliffs" in order.
LINK
But lets be real, he never said I will stop LSU from playing football. He warned of the consequences if there was no budget in place by 30 April. You are quite knowledgeable about things. Unfortunately, many here are not. I have said this several times. Budget cuts are not absorbed by Tenured and research faculty at LSU, who are on contract if untenured for 3 years, then renewal, then up or down for tenure. For LSU to fire Tenured faculty would require financial exigency which if that were to happen, you have effectively or would kill LSU's SACs accreditation which would then prevent Federal research grants and thus LSU as an R1 institution, there are only like 130 in the U.S. (LSU and Tulance in LA are the only 2). Tenured faculty do not teach in Summer school, cost to much, and are not expected to given the Research requirements that tenured faculty have to maintain status as "research faculty".
So who teaches the majority of undergraduate classes? Well, those would be adjuncts and non senior instructors who are paid by the class and semester (adjuncts) or 1 year basis. Those people are not contractually bound beyond the semester and if they are not paid, they walk. Simple as that. LSU did a few years ago move its Senior Instructors to 3-year contracts to avoid budget crisis implications so that they would be contractually bound to LSU but in return LSU is contractually obligated to pay them, even if short term cash crunch happens, compensation would be deferred and paid when budget crisis is resolved.
LSU moved its Senior Instructors, those that were deemed critical to the teaching mission of LSU, to 3-year contracts when in the early part of Jindals term, they were getting threats that they could be terminated without notice in the case of financial emergency do to budget cuts. Nevertheless, the combination of Tenured faculty and Senior instructors do not cover the 1000, 2000, and majority of 3000 level courses. Those are covered by adjuncts and non senior instructors. So, if there is no money to pay them, those people walk and courses don't get covered.
Now, I am glad it did not happen but the reality as laid out by JBE does reflect the reality of how LSU operates with respect to teaching. So if the unthinkable happened, my guess is LSU would have had faculty, senior instructors and graduate assistants get the spring 2016 grades in. Hopefully, all LSU athletes would have gotten the necessary credits. However, had they not and there was no summer school or intersession between the spring and summer sessions, would have indeed been a significant number of football players, as other athletes, who might not have been eligible to play.
Sorry for the long post but I reject this notion that JBE said I am going to stop LSU from playing football. That is not what he said, he did say look if we don't get a budget by 30 April, it would in fact potentially harm LSU football and all other sports. He was correct in what he said even though it might not have been the politically smart thing to do as people now go with the JBE threatened to cancel LSU football line.
Posted on 11/14/19 at 6:25 pm to Thunder
How the hell am I a liberal? I support U.S. Supreme Court justices with the judicial philosophy of the late Judge Scalia and current Judge Alito. I am now and always been 100% Pro-Life Catholic, I am for 2nd amendment rights. I have always favored the Federal Government funding the U.S. Military properly. However, I am for a Reagan foreign policy with respect to said military, not the Bush Neocon Republican philosophy of regime change and endless wars in the bleeping middle east.
I am for sound budget policy. Similar to the 1980's Republicans like Senators Rudman of NH, Simpson of WY and Bob Dole of Kansas. That means I am for controlling spending and efficient and effective taxation. So I am not a fan of the Grover Nordquist camp of doing away with every tax. No I am not.
Republicans at the federal level spend just as much as the Dems, the difference is what one thinks is wasteful spending is the other parties essential spending. Well, controlling spending while spending on things that promote the public welfare and responsible taxation, not taxation that hurts the economy, to me are two sides of the same coin to sound budget and fiscal policy.
And No I don't like paying high insurance rates. But lets be honest, I am 53 and nobody has ever tried to reform the insurance rules in this state. Nobody, because all the legislature, all of them, are getting campaign contributions to not do anything.
LA is to best of my knowledge a state where as long as there is no loss of life or injury where someone is in the hospital, which is corroborated by police and doctors, etc, you can go up to $25,000, not above, and the court system does not oversee it. You have 1 year to be able to sue. So what happens, these lawyers sue for I am mentally upset, I missed work, I am traumatized and they sue the insurance company. Well, unless you have the evidence to prove the person sueing is lying there arse off, the insurance companies settle and these Morris Bart and Gordon guys make tons of money. Those laws have been on the books for a long, long, time, in fact since 1992.
I am for sound budget policy. Similar to the 1980's Republicans like Senators Rudman of NH, Simpson of WY and Bob Dole of Kansas. That means I am for controlling spending and efficient and effective taxation. So I am not a fan of the Grover Nordquist camp of doing away with every tax. No I am not.
Republicans at the federal level spend just as much as the Dems, the difference is what one thinks is wasteful spending is the other parties essential spending. Well, controlling spending while spending on things that promote the public welfare and responsible taxation, not taxation that hurts the economy, to me are two sides of the same coin to sound budget and fiscal policy.
And No I don't like paying high insurance rates. But lets be honest, I am 53 and nobody has ever tried to reform the insurance rules in this state. Nobody, because all the legislature, all of them, are getting campaign contributions to not do anything.
LA is to best of my knowledge a state where as long as there is no loss of life or injury where someone is in the hospital, which is corroborated by police and doctors, etc, you can go up to $25,000, not above, and the court system does not oversee it. You have 1 year to be able to sue. So what happens, these lawyers sue for I am mentally upset, I missed work, I am traumatized and they sue the insurance company. Well, unless you have the evidence to prove the person sueing is lying there arse off, the insurance companies settle and these Morris Bart and Gordon guys make tons of money. Those laws have been on the books for a long, long, time, in fact since 1992.
Posted on 11/14/19 at 6:47 pm to JKChesterton
You do realize the state could budget money for the rainy day fund and not wait until there’s a huge surplus which allows the government to spend money in exchange for financing their pet projects as they do now?
They love these big surpluses. It allows the pols to play Santa.
Edwards has no plans to cut taxes. He was asked just that question and said no. Rispone said he would.
They love these big surpluses. It allows the pols to play Santa.
Edwards has no plans to cut taxes. He was asked just that question and said no. Rispone said he would.
Posted on 11/14/19 at 6:50 pm to DeltaDoc
Hopefully
Posted on 11/14/19 at 6:59 pm to doubleb
Again what tax is he going to cut
Posted on 11/14/19 at 7:03 pm to doubleb
Yes I realize it but they never do they either spend it or cut taxes and when the next economic downturn comes we are right back where we started , cutting higher ed and putting temporary taxes back on
Posted on 11/14/19 at 7:04 pm to Thunder
U are free to vote for who u want to
Posted on 11/14/19 at 7:08 pm to OleWarSkuleAlum
quote:
as well we know him and know what he’s about.
right dumbass. high taxes, more handouts, anti oil and gas, only state to lose jobs under trump.
good job outing yourself here as a dumbfrick libtard. congrats.
now please
LINK
This post was edited on 11/14/19 at 7:10 pm
Posted on 11/14/19 at 7:24 pm to doubleb
There are articles out there about the impact of the 2017 trump tax cut on Louisiana’s state tax code. I think professor Richardson at LSU and/or Greg Albrecht (spelling) Chief economist for the legislature have done some economic modeling on this subject and some of that has been reported to the press .
Posted on 11/14/19 at 7:50 pm to JKChesterton
quote:
Yes I realize it but they never do they either spend it or cut taxes and when the next economic downturn comes we are right back where we started , cutting higher ed and putting temporary taxes back on
No you like high taxes and surpluses so that in tough times the government doesn’t have to tighten their belts.
The results of that policy is folks tightening their belts during the good times and when things get bad really tightening their belts even more or leaving the state for greener pastures.
You are a govt. first guy. You and Edwards agree. Govt. should always be flush with cash it’s just the people who need to adjust to the economic times.
Posted on 11/14/19 at 8:24 pm to doubleb
No that is not true tax collectons at the state level that grow with the Economy is not the same thing as wanting to raise marginal tax rates . When the economy grows and wages and earnings go up more income gets taxed in the higher marginal tax rate, if consumer spending goes up, sales tax collectons go up. I am for stability in revenues and spending , so surpluses could be the result of higher tax revenue do to rising consumer spending and higher salaries . for the record I am not for higher marginal tax rates at federal level . I am for tax system that allows for stable revenues and that is not overly reliant on oil taxes , which by 2007 to 2013 we once again were. I already have told u I was in support of the stelly tax code structure which was pushed by Governor Foster who I was a big supporter of. Nobody accused him of being a big government guy. our budget and fiscal policy were working fine under stelly and Foster .
Posted on 11/14/19 at 8:36 pm to JKChesterton
We didn’t wait for the economy to grow, we raised taxes. The biggest tax increase in state history killed economic activity.
That along with the anti business stance JBE took caused businesses to shy away and folks to leave.
But govt. did well. No services were cut. In fact they increased. There was no belt tightening, no layoffs.
Edwards fixed the govt. at the expense of the population.
That along with the anti business stance JBE took caused businesses to shy away and folks to leave.
But govt. did well. No services were cut. In fact they increased. There was no belt tightening, no layoffs.
Edwards fixed the govt. at the expense of the population.
Posted on 11/14/19 at 8:42 pm to Thunder
quote:
am done laughing and making light of liberals. You are the guy that loves higher taxes and chasing our kids out of the damn state. You love paying high insurance rates and being 50th in everything and last but not least you are the guy that I'm personally gonna go and cancel your vote!
You’re making an arse of yourself with the bumpersticker nonsense.
We are not last in everything.
Rispone is not going to cut your insurance rates in half. Fwiw My rated dropped 4% this past year.
We don’t pay the highest taxes.
Edwards is not the evil you want to believe. He actually tries to work with both sides
Posted on 11/14/19 at 9:32 pm to doubleb
No the collapse of oil from 150 a barrel in 2007 and 2008 to then 100 around 2012 to eventually around 30 to 40 caused the slowdown . Once again LA became to tied, not as much in the 70s abs early 80s, to the price of oil with respect to the economy and budget policy.
Posted on 11/14/19 at 9:39 pm to doubleb
Not true , economist measure size of state government as the ratio of state spending to GDP. Louisiana is 37 of the 50 states which means we are at the top end of the lower Third in size of state government. do a search on size of state government to GDP as there are economic studies that empirically document how LA ranks relative to other states.
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