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Started By
Message
re: Projections show Gov. Jeff Landry’s tax overhaul will erase next year’s budget deficit
Posted on 12/19/24 at 8:54 pm to imjustafatkid
Posted on 12/19/24 at 8:54 pm to imjustafatkid
quote:
That would probably explain your opposition to consumption taxes.
You just think you want a Euro style VAT until it actually happens are you will lose your frickin mind when all your purchases cost 30% more. lmao.
Ready to pay $15K sales tax on that new Tahoe? That's what will happy in your consumption tax utopia....
This post was edited on 12/19/24 at 9:06 pm
0
Posted on 12/19/24 at 8:57 pm to ragincajun03
Just remember , most people on this board and in this state hate Jindal. He didn’t raise a single tax in 8 years and CUT the budget every year he was in office.
Posted on 12/19/24 at 8:57 pm to JohnnyKilroy
quote:
After the kids are no longer in school, taxing me for school property taxes is theft. I get no benefit from paying those taxes.
quote:
HubbaBubba
hahhaha. Is Bubba serious? hahahah
Posted on 12/19/24 at 9:03 pm to ragincajun03
quote:
as public colleges and universities
They still should be, we have too many. Glorified Ponzi schemes
Posted on 12/19/24 at 9:12 pm to Mingo Was His NameO
quote:
So your taxes are going up. Just like I said and everyone called me an idiot for.
Mine arent
Im gonna save 3-4k
Posted on 12/19/24 at 9:34 pm to JohnnyKilroy
quote:
And before you laugh, that was a legitimate argument on the poliboard yesterday.
Half the poliboard are trolls/bots/provocateurs. The other half are legitimately retarded.
Posted on 12/19/24 at 10:38 pm to JohnnyKilroy
(no message)
This post was edited on 1/25/25 at 12:12 pm
Posted on 12/19/24 at 10:40 pm to michael corleone
quote:
Just remember , most people on this board and in this state hate Jindal. He didn’t raise a single tax in 8 years and CUT the budget every year he was in office.
Real Conservatives raise taxes.
Posted on 12/19/24 at 10:56 pm to ragincajun03
Louisiana will never change unless they get a credible public education system. It will be difficult to attract big companies without that. It is the reason Texas left us in the dust sixty years ago. Texas has grown by 17 million people in that timeframe while Louisiana has only grown by 1.2 million. Every state in the South outpaced us except for two. You all know which two without looking it up.
Posted on 12/20/24 at 5:25 am to ChatGPT of LA
He is a clown, none of these budget numbers have the 500 to 800 million dollar cost of repaying the Fed govt back for his backroom agreement with Nungusser for killing the diversion. They also announce how they have secured roughly 8 billion for coastal work. They fail to mention the majority of this work is cost share. The fed govt. will pay 65% we pay 35%. Since we will be giving the fed govt the 500 million for the killing of the diversion we will never get any of the money they announced they secured.
Posted on 12/20/24 at 6:18 am to Jgeaux21
quote:
He is a clown, none of these budget numbers have the 500 to 800 million dollar cost of repaying the Fed govt back for his backroom agreement with Nungusser for killing the diversion
Landry is waiting on Trump to wave a magic wand and make that repayment go away. Still, the issue with that is the contractors aren't going to be the ones to eat the loss.
Posted on 12/20/24 at 10:07 am to ChatGPT of LA
quote:
your just brain dead
Love it.
quote:
A thread about how the move will help close deficit, and a moron posts he doesn't prioritize the state.
I said he "has not prioritized real issues in our state". That, my friend, is what we call the "past tense".
quote:
I'm sure you have so many jaw dropping moves in mind...please share
Jaw dropping? Nah. Common sense government spending cuts across the board? Yeah. Consolidating Louisiana universities? Yeah. Re-allocation of law enforcement funds away from non-violent drug offenders towards violent crime enforcement? Yeah. New legislation (or removal of old) that limits/knocks down litigiousness in our state? Yeah. Adjusting TOPS to stop the brain drain in our state? Yeah.
Now, we could get really deep and talk about re-doing the state constitution.
This post was edited on 12/20/24 at 10:10 am
Posted on 12/20/24 at 10:25 am to ragincajun03
I’m in agreement, consumption taxes catch everyone equally and even some of the dirty money.
Posted on 12/20/24 at 10:43 am to ChatGPT of LA
quote:
Well, your just brain dead. A thread about how the move will help close deficit, and a moron posts he doesn't prioritize the state.
Can't make this shut up.
The deficit was only happening because of the expiring 0.45% sales tax. It was assumed that the legislators would allow it to expire and figure out how to reduce the budget. Instead, they made it permanent which solved the deficit issue.
The rest of the sales tax increase (0.55%) was to pay for the income/corporate tax cuts.
Posted on 12/20/24 at 10:50 am to KamaCausey_LSU
quote:
The deficit was only happening because of the expiring 0.45% sales tax. It was assumed that the legislators would allow it to expire and figure out how to reduce the budget. Instead, they made it permanent which solved the deficit issue.
The rest of the sales tax increase (0.55%) was to pay for the income/corporate tax cuts.
Correct. Jon Bel left Landry with this stink bomb.
He rolled in 8 years ago declaring that wd had a crisis. Jindal left a huge deficit and it had to be fixed.
He pushed through the largest tax increase in La. history. It was touted as a temporary tax. That temporary tax is still in place and our economy has not grown enough to expand and pay for all the extra spending.
In comes Landry who wants to reform the tax code, but doesn’t want to cut spending.
Posted on 12/20/24 at 10:59 am to KamaCausey_LSU
quote:
The deficit was only happening because of the expiring 0.45% sales tax. It was assumed that the legislators would allow it to expire and figure out how to reduce the budget. Instead, they made it permanent which solved the deficit issue.
The rest of the sales tax increase (0.55%) was to pay for the income/corporate tax cuts.
The changes to the income tax rates were part of what was causing the deficit.
I am going to save nearly 20k for the Income Tax cut. I am all for it. The additional consumption tax won't come close to making that number up. Maybe it would cost me an additional $2200 in sales/consumption tax.
Posted on 12/20/24 at 11:02 am to Maderan
quote:
I am going to save nearly 20k for the Income Tax cut.
You have $1.6M in taxable income? Damn nice.
Posted on 12/20/24 at 11:11 am to Maderan
quote:
I am going to save nearly 20k for the Income Tax cut
How much of that will be replaced by federal income tax? 34%
Posted on 12/20/24 at 11:13 am to doubleb
quote:
How much of that will be replaced by federal income tax? 34%
SALT deduction limit is 10k so...none.
Posted on 12/20/24 at 11:49 am to Mingo Was His NameO
quote:
Until they expand the sales tax base, which they’re going to do
Heard the were thinking of expanding the sales tax to real estate soon. They will probably raise sin taxes next, followed by the real estate sales tax so that they can get rid of all the business taxes.
This post was edited on 12/20/24 at 11:52 am
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