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re: Louisiana’s top personal income tax rate now fifth lowest in nation
Posted on 2/15/22 at 1:11 pm to LSUFanHouston
Posted on 2/15/22 at 1:11 pm to LSUFanHouston
quote:
I'm for it, it's less complex and less prone to shortfalls but it isn't a tax "cut."
Nothing in the article or in the open mentions "tax cut".
This post was edited on 2/15/22 at 1:14 pm
Posted on 2/15/22 at 1:14 pm to frequent flyer
It’s amazing how everywhere you turn there has to be equality and equity or you get cancelled.
But in taxation, you are required to be treated different based on what you were able to make. And the more successful you become, the more you get punished.
Where’s the equity and inclusion in taxation?
I really believe taxation without representation was a better system than this one.
But in taxation, you are required to be treated different based on what you were able to make. And the more successful you become, the more you get punished.
Where’s the equity and inclusion in taxation?
I really believe taxation without representation was a better system than this one.
Posted on 2/15/22 at 1:18 pm to frequent flyer
quote:
Nothing in the article or in the open mentions "tax cut".
The entire thing is misleading... as evidenced by this thread.
No one should give two craps what our marginal tax rate is.
Tell me what parentage of my income is paid to state and local governments in total taxes.
Posted on 2/15/22 at 1:19 pm to Bullfrog
quote:
Where’s the equity and inclusion in taxation?
Bro, they take your taxes and give them to others.
Equity!!
Posted on 2/15/22 at 3:42 pm to fallguy_1978
quote:
I agree with this but LA has the 19th highest total tax burden in the country. Pretty sad for what we get in return.
Compare our corporate tax rate to what individuals pay in taxes. Then compare to other states. The legislature bends the knee to Unions (business Unions).
I don’t like taxes more than anyone else, but if you want good schools or good roads or good public services, you have to pay for them. We don’t really want to pay for them (see the poster above who thinks taxation is unconstitutional
Posted on 2/15/22 at 4:00 pm to Suntiger
quote:
We don’t really want to pay for them
We pay out the arse in terms of state/local taxes and get absolutely nothing of value in return
Posted on 2/15/22 at 5:09 pm to teke184
quote:
We have some of the highest sales taxes in the nation.
It's such a crock of shite, especially when dining out at a restaurant.
Posted on 2/15/22 at 5:35 pm to Displaced
quote:
Texas, Tennessee and Florida are among the states that don’t charge income taxes.
Wait until you see our property taxes.
Posted on 2/15/22 at 8:40 pm to LSUFanHouston
quote:
What we did was "tax simplification"
"Simplification" has NOTHING to do with the personal income tax "reform" that just passed and has everything to do with maintaining increased revenues.
The majority of filers pay someone else to do their taxes and thus don't give a darn about simplification.
Most other "DIY" filers, along with paid tax preparers use software to do taxes.
Federal tax deductions for state taxes are pulled from the Fed tax forms automatically for La.
Posted on 2/15/22 at 8:53 pm to frequent flyer
quote:fricking morons supported this.
but this decision to reduce the tax rate ceiling was a decent move.
Posted on 2/15/22 at 8:55 pm to brewhan davey
quote:What about buying a god damned vehicle, new or used?
It's such a crock of shite, especially when dining out at a restaurant.
Posted on 2/15/22 at 9:54 pm to udtiger
quote:
Buuuuuuuuut, so long to a shitton of deductions.
Have you seen all the check off boxes to donate a portion of your refund to?
One year when I filed my taxes using the Louisiana department of revenue’s site, there must have been 3-5 pages of options to donate a just portion of your refund to from Wildlife funds to coastal restoration. It is state created slush funds to help some legislators.
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