Neil Riser's Bill Eliminates Personal Income Tax in LA

I would to see my mortgage statement at the end of the year with rising insurance rates in Louisiana plus increased property taxes due to no income tax. This shite will be more than my principal.

Property tax needs to go too. Only sales tax should be allowed.

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would to see my mortgage statement at the end of the year with rising insurance rates in Louisiana plus increased property taxes due to no income tax.

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Would happily double my property tax for no income tax

If you dont like your property tax then move to a smaller lot/house

All tax is bad but consumption taxes are less bad

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question for the floor: how high of a sales tax would you be willing to take if it meant no income and property taxes?

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Whatever it takes to make up the deficit.

Sales taxes force everybody to pay their fair share

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This is how Texas gets away with it

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But Texas also has public schools that your kids can go to.

Would we get that too?

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But Texas also has public schools that your kids can go to

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In “nice” areas yeah. Just like Louisiana.

Would you send your kids to Harris or Dallas County schools?

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Would we get that too?

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Baby steps.

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Would happily double my property tax for no income tax If you dont like your property tax then move to a smaller lot/house All tax is bad but consumption taxes are less bad

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This.

Taxing income (which is productive) is dumb as hell.

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This is how Texas gets away with it and yet people think it’s such a big difference not paying state income tax. The states gonna get their money one way or another

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It is a huge difference for a lot of people.


My tax liability to louisiana is like 15k higher than it is to Texas for same value house.

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Whatever it takes to make up the deficit.

Sales taxes force everybody to pay their fair share

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Playing devil's advocate here...

LA sales tax rate is already 2-3% higher on average than MS and TX. If you raise the sales tax too much higher, now you're just encouraging people to either shop online at sites that don't automatically add sales tax or make the extra drive to MS or TX to make their big ticket purchases because the sales tax difference is worth the trip.

So it seems like you'd want to be careful about raising the sales tax so as not to hurt brick and mortar retailers in the state, especially it towns close to the state line.