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Started By
Message
re: State treasurer says Louisiana should get rid of personal income tax
Posted on 8/30/24 at 1:10 pm to louisianamotocross
Posted on 8/30/24 at 1:10 pm to louisianamotocross
quote:yep but is he better than Shawn Wilson? not much different
Landry wants to centralize even more positions in state so he has more power. He isn’t small government he is totalitarian government. This man is a rino and we vote him in because “it’s better than JBE.” Sucks we dont have competent leaders in the Louisiana Republican Pa
0
Posted on 8/30/24 at 2:11 pm to TDsngumbo
quote:
I don’t trust Louisiana officials to make up for it elsewhere in a fair and equitable way.
Ask a Texan about property taxes there.
Moverdb: Texas vs Louisiana Taxes: Income, Property & Sales
This post was edited on 8/30/24 at 2:16 pm
Posted on 8/30/24 at 2:12 pm to ragincajun03
Naaahhhh, Having the Ten Commandments in the classrooms will solve everything. Not to worry. Landry Is on top of it.
This post was edited on 8/30/24 at 2:13 pm
Posted on 8/30/24 at 2:16 pm to chryso
quote:
Give it up. They will just raise another tax to compensate.
Exactly. I don't know why this is some utopian idea. Tax revenues will still come in the same. It is a shell game.
Posted on 8/30/24 at 2:22 pm to ragincajun03
I agree with this but Texans get smoked on property taxes. Back of the napkin math says it’s about a wash for me.
Posted on 8/30/24 at 2:26 pm to ragincajun03
What are they going to replace it with? Both Republican and Democrat administrations have had BIG issues with spending. They have to replace it with something.
Posted on 8/30/24 at 2:49 pm to ragincajun03
Ole John is about to face an untimely demise by saying such incredibly intelligent things like this.
Posted on 8/30/24 at 2:52 pm to billjamin
quote:
I agree with this but Texans get smoked on property taxes. Back of the napkin math says it’s about a wash for me.
Try Tennessee as a better example. My property taxes here are the same as they were for my house in Houston in 2007, and it's worth 4x as much. Also less than we were paying for property taxes in BR (2012-2016) for a house worth less than half as much. Just reset the entire state budget like Tennessee did, put no income tax in the state constitution along with requiring a balanced budget, and start over. It's the only way. Nothing will fall apart - a bunch of freeloading government workers will whine, that's about it.
Posted on 8/30/24 at 3:11 pm to ragincajun03
Louisiana quite literally is a “welfare state”.
THAT and corruption is our problem. Always has been.
THAT and corruption is our problem. Always has been.
Posted on 8/30/24 at 3:14 pm to LSUfan4444
quote:
Need to get rid of some of these colleges too
Those professors are way overpaid. Many of them only teach two days a week
Posted on 8/30/24 at 3:21 pm to Cosmo
quote:
LA has the largest state govt per capita in the country
No it doesn't
Posted on 8/30/24 at 3:21 pm to Cosmo
You're completely wrong. Not even in the top 10.
Posted on 8/30/24 at 3:24 pm to ragincajun03
Well, I am.
Posted on 8/30/24 at 3:35 pm to Fat and Happy
In my experience this is a misconception. I lived in TX for a decade in 3 different houses/cities. Property taxes differ by county, and I never thought they were high.
It appears that the high tax counties are run by democrats… who would have thunk?
It appears that the high tax counties are run by democrats… who would have thunk?
Posted on 8/30/24 at 3:39 pm to madmaxvol
TN had a tax on investment income for a while, but they eventually eliminated it.
TX amended its state constitution to prohibit both a personal income tax and any form of "wealth tax" like some states (and a particular Presidential candidate) is proposing.
I don't know if FL ever had one.
TX amended its state constitution to prohibit both a personal income tax and any form of "wealth tax" like some states (and a particular Presidential candidate) is proposing.
I don't know if FL ever had one.
Posted on 8/30/24 at 3:49 pm to andwesway
quote:
They have to replace it with something
They want to gut credits and exemptions to try and make things balance out.
Posted on 8/30/24 at 3:50 pm to ragincajun03
It's what he's not saying that bothers me. The state won't get rid of it unless it requires more taxes elsewhere. Sales, property, higher state fees, elimination of the homestead exemption, etc.
Hell they refuse to do away with the damn $10 vehicle inspection sticker.
Hell they refuse to do away with the damn $10 vehicle inspection sticker.
Posted on 8/30/24 at 3:58 pm to eitek1
quote:
It's insanely expensive to live in Louisiana compared to other places.
Not sure if you've ever looked at costs in the NE or West Coast.
Example: Maryland has a state income tax up to 5.75%. Every county has it's own, flat income tax that is typically 3.2%. Property tax for an average property of 1500 sqft in many areas is ~$7500+/yr. Sales tax is 6%. Transfer taxes are very high for real estate. State gas tax is 47 cents/gallon. Home insurance is typically reasonable at $1500 to 2000/yr but car insurance is the highest in the country at $1500/yr.
Without question, Louisiana is cheaper than many states. Though there are many, many variables and priorities to consider.
This post was edited on 8/30/24 at 3:59 pm
Posted on 8/30/24 at 4:02 pm to TBoy
quote:
I don't think a 4.25% income tax is the reason why Louisiana's population has not grown.
Me neither. But as someone else said, it’s a start.
I’m in Texas. No state income tax but property taxes are high. One way or another, government will get it’s piece.
Posted on 8/30/24 at 4:03 pm to ragincajun03
With no funding, who Will clean your ditches and take care of you. No one needs government assistance more than a Louisiana citizen.
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