- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: La. state income taxes go up in response to new federal tax law
Posted on 2/16/18 at 11:09 am to X123F45
Posted on 2/16/18 at 11:09 am to X123F45
quote:
I find it more funny that so many of you are too stupid to understand why.
I understand why but I'd still like to see the language in the constitution as a source doc.
2
Posted on 2/16/18 at 11:10 am to SPEEDY
I noticed a lot of anger about this on Facebook but was put into the constitution in 1974.
MS is currently voting on no state income taxes and Texas doesn't have any. Will be interesting with Louisiana sandwiched in between to see what direction they go.
MS is currently voting on no state income taxes and Texas doesn't have any. Will be interesting with Louisiana sandwiched in between to see what direction they go.
Posted on 2/16/18 at 11:11 am to SPEEDY
Can't forget JBE's gas tax hike that will go everywhere but roads as per the casino monies that were supposedly dedicated to education.
Posted on 2/16/18 at 11:12 am to X123F45
These are the people who will lecture everyone about taxes and government, yet don't even understand how their own relatively simple taxes work. It's glorious
Posted on 2/16/18 at 11:15 am to Fa Sheaux Breaux
quote:
JBE and the rest of you idiots who went along with this.
Nothing to do with Edwards. Some of you guys can't give politics a rest.
Posted on 2/16/18 at 11:17 am to TechDawg2007
quote:FIFY
That’s another reason I love living in Texas!! No state income tax
Posted on 2/16/18 at 11:17 am to SPEEDY
quote:
According to the Louisiana Constitution, when federal taxes go down, state income taxes automatically go up.
Clickbait. Fed income taxes are deductible so you'll pay more tax because you get less of a deduction. However, the tax rates stay exactly the same. Almost every state that has an income tax, this is going to be true.
Posted on 2/16/18 at 11:18 am to Motorboat
quote:
understand why but I'd still like to see the language in the constitution as a source doc.
You apparently don’t
Posted on 2/16/18 at 11:20 am to Fa Sheaux Breaux
quote:
JBE and the rest of you idiots who went along with this.
I have no problem hating on the man, but this has absolutely nothing to do with John Bel.
Posted on 2/16/18 at 11:23 am to SPEEDY
Don't worry baws, you will be able to keep your Costco membership.
Posted on 2/16/18 at 11:27 am to Mingo Was His NameO
quote:
Almost every state that has an income tax, this is going to be true
This cannot be overstated. As someone else pointed out, this shows how bad people do not understand their taxes and either just blindly fill in the forms or have someone else do it for them without knowing the reasoning behind it.
quote:
Fed income taxes are deductible so you'll pay more tax because you get less of a deduction
Anyone that does not understand this really needs to read over their forms. I don't expect people to understand all the tax laws and nuances, but they should at the very least read the line items on the forms to know what affects their taxable income/rates.
Posted on 2/16/18 at 11:35 am to Mudminnow
quote:
MS is currently voting on no state income taxes
One of the biggest welfare states doesn't want to raise taxes on itself? Shocked.
Posted on 2/16/18 at 11:37 am to SPEEDY
Much ado about nothing.
Most taxpayers in Louisiana will see an increase in their state income tax withholding of $2 or $3 a pay period at most.
Most taxpayers in Louisiana will see an increase in their state income tax withholding of $2 or $3 a pay period at most.
Posted on 2/16/18 at 11:41 am to LSURussian
quote:
Much ado about nothing.
Most taxpayers in Louisiana will see an increase in their state income tax withholding of $2 or $3 a pay period at most.
Nickel and dimed and doesn't even care.
Posted on 2/16/18 at 11:41 am to Mudminnow
Louisiana will never get rid of state income taxes just like the causeway will never get rid of the toll. Too many pockets are used to getting greased in the good ole boy network.
Posted on 2/16/18 at 11:44 am to Montezuma
quote:
Nickel and dimed and doesn't even care.
He's proud to be able to pay for tarsha's vacations.
This post was edited on 2/16/18 at 11:45 am
Posted on 2/16/18 at 11:48 am to SPEEDY
quote:
La. state income taxes go up in response to new federal tax law
Title is inaccurate. More correctly it should read, Federal Tax deduction decreases
Posted on 2/16/18 at 11:49 am to Montezuma
quote:
Nickel and dimed and doesn't even care.
Nothing changed. You're two options here are pay more federal income tax by probably $10/paycheck or pay less federal tax and more state tax at $2-3/paycheck.
Posted on 2/16/18 at 11:53 am to Brazos
quote:
Louisiana will never get rid of state income taxes just like the causeway will never get rid of the toll. Too many pockets are used to getting greased in the good ole boy network.
If Mississippi does indeed elect to have no state income tax, Louisiana will have to look in the mirror and decide what to do? Many from Louisiana have been leaving for Texas for decades, will some go to Mississippi now? Although I'm not sure no state income tax is the deal breaker to make them leave.
Posted on 2/16/18 at 11:57 am to Mudminnow
Lol @ all the overreaction and hyperbole.
Part of the formula to calculate LA income tax factors in your federal tax liability. So if your federal liability goes down, your LA deduction goes up = higher state tax.
I hate JBE but it isn’t like this is a new tax or law. Just a natural result of the lower fed tax.
Part of the formula to calculate LA income tax factors in your federal tax liability. So if your federal liability goes down, your LA deduction goes up = higher state tax.
I hate JBE but it isn’t like this is a new tax or law. Just a natural result of the lower fed tax.
Page 2 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News