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Started By
Message
re: Louisiana House passes HB 1
Posted on 11/12/24 at 3:59 pm to KajunKouyon
Posted on 11/12/24 at 3:59 pm to KajunKouyon
quote:
So where will the money come from now if not from income tax?
They will tax digital streaming
1
Posted on 11/12/24 at 4:01 pm to LaMigra
quote:
frick Tony. He got paid by Reed Hastings and the Democrat party. Nobody knew who the frick this guy was besides his little podcast following. His jokes weren't even funny, he bombed at MSG. Rogan even called him a idiot for doing that set
I am against taxes that don't hit everyone the same way. It is morally wrong to someone 10% and someone else 30%.
Not to mention it sets up a situation we have been living in for decades where the untaxed vote to increase taxes when they aren't the once paying it. Every year it is easier and easier to raise the income threshold of who qualifies for getting the tax brake until only Elon Musk is paying taxes and that leads to taking in far far less money because the super rich aren't rich enough to pay for everyone.
Flat tax, and that should be the ONLY tax. NOTHING ELSE. Any gov't function should come from this flat tax. No charge for a drivers lic. which the govt controls. No tax on stuff you stupidly think you own, such as your house. No charges (tax) for hunting lic., marriage lic., inspection stickers, building permits. Those are ALL gov't crap that our taxes are suppose to pay for.
Instead we pay our taxes and then they charge us for every interaction with the gov't like it is some private business.
Posted on 11/12/24 at 4:05 pm to SlidellCajun
quote:
Income taxes are theft
Posted on 11/12/24 at 4:09 pm to LordSaintly
quote:
They will tax digital streaming
That's awesome. It'll give me another excuse the next time my wife bitches about my massive physical media collection.
Posted on 11/12/24 at 4:11 pm to stout
Somewhere in Florida Omar is wiping a tear of joy.
Posted on 11/12/24 at 4:11 pm to KajunKouyon
quote:
So where will the money come from now if not from income tax?
I better question is where does the money collected from taxes go?
Posted on 11/12/24 at 4:14 pm to Sweep Da Leg
quote:
Please please please don’t frick it up senate
It's Louisiana. Of course it is going to get f**ked up.
Posted on 11/12/24 at 4:16 pm to KajunKouyon
They are going to renew 0.45% sales tax that is set to expire, and then expand the sales tax to 40+ new services including lawn maintenance, home repair contractors, and pet grooming.
Posted on 11/12/24 at 4:16 pm to stout
Anyone know where I can find a third-party analysis of the tax plan? Does one exist?
Posted on 11/12/24 at 4:19 pm to Decatur
I’m sure you’re going to have an objective take on a tax cut
Posted on 11/12/24 at 4:27 pm to Raptordawg
But at least everyone would pay for what they buy — you have a choice in buying things or not.
Posted on 11/12/24 at 4:32 pm to Proximo
Minimum wage @ $7.50/hr. Is $15,000 year pre-tax theft grab. WTF can you live on that?
Posted on 11/12/24 at 4:34 pm to stout
Watching the legislature act is such a hit to my self esteem. It is remarkable how stupid the average legislator is.
Posted on 11/12/24 at 8:24 pm to Tsw
quote:
They are going to renew 0.45% sales tax that is set to expire, and then expand the sales tax to 40+ new services including lawn maintenance, home repair contractors, and pet grooming.
I have no problem with that
There’ll be an increase in cash transactions tho
Posted on 11/12/24 at 8:29 pm to Jax Teller
That is the more likely chain of events. Dog and pony show, no real progress
Posted on 11/12/24 at 8:31 pm to PUB
quote:
Minimum wage @ $7.50/hr. Is $15,000 year pre-tax theft grab. WTF can you live on that?
Minimum wage was never promised as livable wage.
This post was edited on 11/12/24 at 8:56 pm
Posted on 11/12/24 at 8:37 pm to stout
And if you are making that much you probably work part time.
Posted on 11/12/24 at 8:53 pm to stout
My guess when all is said and done I’ll pay a little more a year. I’d rather assume I’m one of the losers in this, and maybe I’ll be pleasantly surprised.
Posted on 11/12/24 at 10:45 pm to BugAC
quote:
The same middle class that pays the majority of taxes.
No corporations to tax in this state they all left for Texas or Florida. Middle is only left.
Posted on 11/12/24 at 11:41 pm to Decatur
quote:
Anyone know where I can find a third-party analysis of the tax plan? Does one exist?
The tax plan is something like 8 bills. Closest you will find is looking at the fiscal notes on the bills done by the nonpartisan fiscal office...though they can be tough to slog through.
For example this is HB1 income tax )
Then clink on "notes" to read the fiscal note. Then read the notes of the other bills you are interested in.
A pretty good summary of the income and sales tax bills can also be found here: RESET summary
It's a summary of a study done by the retired state legislative economist (here is the study itself: Tax study )
Among other things, it breaks down the effects by household income.
If anyone has anything else, I would love to see it myself.
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