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LA sales tax is highest in the nation

Posted on 2/3/17 at 3:29 pm
Posted by cgrand
HAMMOND
Member since Oct 2009
38667 posts
Posted on 2/3/17 at 3:29 pm
quote:

Louisiana consumers are paying the highest sales tax rate in America—nearly a half-cent more than Tennessee, the next highest state, according to the latest data from the Tax Foundation.

The USA Today Network of Louisiana reports that the distinction is the result of the state Legislature adding an extra penny to its 4-cent state sales tax last year to mitigate budget cuts.

Combine the 5-cent state sales tax with local tolls and Louisiana has an average rate of 9.98%. Tennessee is next at 9.46%.


except that TN doesn't have a state income tax...
Posted by ForeverLSU02
Albany
Member since Jun 2007
52147 posts
Posted on 2/3/17 at 3:30 pm to
quote:

Louisiana consumers are paying the highest sales tax rate in America
and have the least to show for it

ETA: Imagine how bad off we'd be if the state wasn't making millions upon millions on oil and gas taxes
This post was edited on 2/3/17 at 3:32 pm
Posted by slinger1317
Northshore
Member since Sep 2005
5811 posts
Posted on 2/3/17 at 3:31 pm to
And yet we still have horrible roads, failing schools, etc.
Posted by Mir
Member since Sep 2016
2777 posts
Posted on 2/3/17 at 3:32 pm to
quote:

state income tax...


Does not equal sales tax. What point are you trying to make?
Posted by Mo Jeaux
Member since Aug 2008
58556 posts
Posted on 2/3/17 at 3:33 pm to
quote:

Does not equal sales tax. What point are you trying to make?


His point is that you can't really compare LA and Tenn. since Tenn. does not have state income tax, therefore, them having a comparable sales tax isn't really that comparable. In other words, LA has a lot of taxes.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73674 posts
Posted on 2/3/17 at 3:34 pm to
JBE making La great again.

Better than increasing income taxes though.
Posted by stlslick
St.Louis,Mo
Member since Nov 2012
14054 posts
Posted on 2/3/17 at 3:34 pm to
Wow, so La has Sate income tax and highest sales tax in country?


We so Envy you

Sincerely,

Illinois and California politicians
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 2/3/17 at 3:35 pm to
One of the most conservative states in the country taking the most from its residents

Oh the hilarity of how well they have fooled you all
Posted by Mo Jeaux
Member since Aug 2008
58556 posts
Posted on 2/3/17 at 3:36 pm to
quote:

rocket31


You seem angry these days. What happened?
Posted by X123F45
Member since Apr 2015
27361 posts
Posted on 2/3/17 at 3:37 pm to
quote:

And yet we still have horrible roads, failing schools, etc.



I'm so sick of this myth. I've driven through all but 4 states now. Trust me, our roads are better than the national average.
Posted by Loungefly85
Lafayette
Member since Jul 2016
7930 posts
Posted on 2/3/17 at 3:39 pm to
Somebody's gotta pay to keep the ridiculous amount of public universities (especially HBUs) in this state open.
Posted by jefforize
Member since Feb 2008
44077 posts
Posted on 2/3/17 at 3:41 pm to
This is pathetic.

Yet we still have 9 figure budget deficits
This post was edited on 2/3/17 at 3:42 pm
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
65687 posts
Posted on 2/3/17 at 3:41 pm to
gotta line them pockets
Posted by colorchangintiger
Dan Carlin
Member since Nov 2005
30979 posts
Posted on 2/3/17 at 3:46 pm to
In Calcasieu ours is 10.75%. Those multi-billion $$$ LNG projects sure are pulling their weight.
Posted by yellowfin
Coastal Bar
Member since May 2006
97617 posts
Posted on 2/3/17 at 3:48 pm to
Thanks JB Edwards
Posted by ehidal1
Chief Boot Knocka
Member since Dec 2007
37133 posts
Posted on 2/3/17 at 3:49 pm to
Highest sales taxes but lowest property taxes in the nation
Posted by Dire Wolf
bawcomville
Member since Sep 2008
36589 posts
Posted on 2/3/17 at 3:52 pm to
quote:

And yet we still have horrible roads, failing schools, etc.




Not that it is going to change anything but the bump is sales taxes is relatively new
Posted by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43030 posts
Posted on 2/3/17 at 3:52 pm to
That's what happens when you spend your money before you know how much you have. Maybe we need another 20k state workers
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167141 posts
Posted on 2/3/17 at 3:57 pm to
IF only LA would get it's offshore oil revenues like other states we would be OK. Instead, we get raped by the feds and our lawmakers allow it to happen.

We are also like 6th in state workers per capita. Some downsizing needs to occur.

quote:

except that TN doesn't have a state income tax...


Do they have homestead exemption like LA?
This post was edited on 2/3/17 at 3:58 pm
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167141 posts
Posted on 2/3/17 at 4:00 pm to
quote:

One of the most conservative states in the country taking the most from its residents

Oh the hilarity of how well they have fooled you all



We have too many takers and not enough contributors. The amount of state workers is also an issue.

Also, read this.

quote:

Louisiana, according to the Web site of the Louisiana Mid-Continent Oil and Gas Association, is the third largest producer of crude and the second largest producer of natural gas, if you include the federally administered leases in the Gulf of Mexico, off Louisiana's shore. Add its oil production to its refining operations, and you'll find that Louisiana either refines and/or produces one-fifth of the nation's oil, according to Timothy J. Haney, a professor of sociology at Mount Royal University in Calgary.

Writing for Truthout of the environmental debt owed Louisiana by the rest of the nation, Haney, a former New Orleans resident, makes the point that if Louisiana were an independent nation, its oil riches would render it a very wealthy one indeed. Instead, Louisiana has more residents living under the poverty level than any other state except Mississippi, its neighbor on the Gulf. Yet in terms of its gross domestic product, Louisiana ranks ahead of Connecticut, which is the nation's third wealthiest state.

The poverty of Louisiana's people and the paucity of its coffers are due in part to the fact that Louisiana, unlike a number of other oil-excavating states, receives no revenues for most of the oil extracted just off its shores; those undersea wells are claimed by the federal government, which in turn claims the riches, the royalties, from the leases of the seabed to such oil giants as BP. More revenues would mean more money, say, for education, a critical element in creating a diverse economy. According to the National Center for Educational Statistics, Connecticut ranks fourth in the nation in its per capita elementary and secondary education spending, while Louisiana ranks 38th.


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