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Message
re: Louisiana special session: Failure.
Posted on 3/5/18 at 11:13 am to LSUFanHouston
Posted on 3/5/18 at 11:13 am to LSUFanHouston
quote:
The deal was:
1) Extend a quarter of the new penny in sales tax
2) Remove the deduction for state/local taxes for income tax
3) Cut the remaining deficit in the regular session
not that bad of a deal tbh, especially if they were getting rid of all the partial tax exemptions and broadening the base along the way
1
Posted on 3/5/18 at 11:13 am to BigJim
quote:
Not necessarily. Tuition increases are controlled by the legislature. In any case TOPS doesn't cover everything now.
I thought the schools had permission now to raise costs x% a year without the legislature?
And yes... the fact that TOPS doesn't automatically increase as tuition does was a good and needed reform. It will slow the growth of TOPS money in the future. I am morbidly curious, though, what happens in a few years when these tuition increases start to cause a nice gap between tuition costs and TOPS. Will all the middle and higher income voters put pressure on the legis to raise TOPS? Will they do so?
Posted on 3/5/18 at 11:15 am to BlackAdam
quote:
I always found it funny that the people who want a voucher system for elementary, and secondary schooling oppose TOPS.
TOPS was never advertised as an either or.
If you want to eliminate aid to higher education, and instead make universities fight for students or close, then yes TOPS would work very nicely.
But that isn't what we have officially.
Posted on 3/5/18 at 11:17 am to 90proofprofessional
quote:
not that bad of a deal tbh, especially if they were getting rid of all the partial tax exemptions and broadening the base along the way
I don't think they were doing any additional broadening... they were just taking the broadening they did in 2016 and extend it forward.
And given that any significant reform requires major structural changes... yes the deal wasn't all bad. It was a compromise that no one was happy with. But most people could deal with it.
Posted on 3/5/18 at 11:21 am to LSUFanHouston
quote:
nd yet... based on this here thread... a lot of people are cheering this. It's crazy. We can't be mad at the politicians if the politicians are doing exactly what we want them to do.
Is it crazy to be against tax increases that help fund a bloated nursing home industry and Film Tax Credits? Is it crazy to oppose the state paying all these NGOs?
We pretend there is nothing to cut, we go through these machinations as if there are OK tax increases, but reality is Louisianans pay plenty of taxes and fees now. At least those of us in the larger parishes do.
We just can't afford all this extra stuff.
Posted on 3/5/18 at 11:46 am to BigJim
quote:
What part of medicaid would you cut?
The whole thing. Eliminate it. Stop having babies and expecting someone else to pick up the tab.
Posted on 3/5/18 at 11:53 am to doubleb
quote:
Is it crazy to be against tax increases that help fund a bloated nursing home industry and Film Tax Credits? Is it crazy to oppose the state paying all these NGOs?
We pretend there is nothing to cut, we go through these machinations as if there are OK tax increases, but reality is Louisianans pay plenty of taxes and fees now. At least those of us in the larger parishes do.
We've shown time and time again that as a percentage of our income, we really don't pay a lot (compared to other states) in state and local taxes. No matter how many times we show concrete proof, people don't want to listen.
The problem is, and always has been, the little we do pay in taxes, gets pissed and wasted away. So we have very little to show for it. And because of that, many people (including myself) aren't necessarily wanting to give these clowns any more money.
I would not be against paying more in taxes, if we got more in services/value from it. I don't want to live in a place where we pay no taxes and get no services. I think there is a role for government services. But right now we pay low taxes and get even lower services!!
Again... this isn't even really a financial issue. It's an issue of, how can we better use the money we have, and how can we ensure that any additional money is used effectively.
And while can have rational conversation about how/if we should raise taxes / cut spending, there is no excuse for the rancor and backbiting going on in our politics today.
Posted on 3/5/18 at 11:57 am to doubleb
quote:
That's how it works. You feel better getting something back, but reality is too many get something from govt. that isn't a necessity. It isn't a basic function of govt. And in La. we can't afford all this.
Agreed.
quote:
Middle Class folks can rationalize TOPS.
Not trying to rationalize TOPS - but rationalize an avenue to recoup my wasted tax dollars.
Most of us understand that TOPS is the middle class "Welfare Lever". It doesn't make good gov't, but it's the "if you can't beat them, join them" mentality. At least the middle class has the most skin in the game - unlike the film industry and the deadbeats of the state.
If I could have a clean slate with the state budget, TOPS would not be included.
Posted on 3/5/18 at 11:58 am to LSUFanHouston
quote:
I thought the schools had permission now to raise costs x% a year without the legislature?
That was for a limited time (LaGrad)
quote:
And yes... the fact that TOPS doesn't automatically increase as tuition does was a good and needed reform. It will slow the growth of TOPS money in the future. I am morbidly curious, though, what happens in a few years when these tuition increases start to cause a nice gap between tuition costs and TOPS. Will all the middle and higher income voters put pressure on the legis to raise TOPS? Will they do so?
Short answer...almost certainly.
Posted on 3/5/18 at 11:59 am to doubleb
quote:
TOPS was never advertised as an either or.
If you want to eliminate aid to higher education, and instead make universities fight for students or close, then yes TOPS would work very nicely.
But that isn't what we have officially.
I am OK with it not being official. Avoids some of the political headache.
Posted on 3/5/18 at 11:59 am to LSUFanHouston
quote:
What really chaps me about this is... the legis HAD a deal.
The deal was:
1) Extend a quarter of the new penny in sales tax
2) Remove the deduction for state/local taxes for income tax
3) Cut the remaining deficit in the regular session
It wasn't unanimous but there was enough votes to get it to the Senate. A big issue is they needed 70 votes for the sales tax, but only 53 votes for the income tax bill.
It failed because, THEY COULD NOT AGREE ON WHICH ORDER TO VOTE ON THE BILLS. That is a result of the fact that both parties don't trust each other. The GOP felt that if they passed the income tax bill first, then the Dems would renege on their pledge to vote for the sales tax. The Dems felt that if they voted on the sales tax bill first, since the income tax bill would then only need 53 votes, the GOP would add in all sorts of stuff that was not agreed to, and force the dems to either vote for a bill they no longer wanted, or be painted as the party that votes to raise sales taxes on the poor but not income taxes on the rich.
This was absolute political BS. This had nothing to do with actual law or policies, but rather, personality conflicts and a lack of trust.
I don't know what you call the opposite of a "statesman" but that's what these clowns are.
And yet... based on this here thread... a lot of people are cheering this. It's crazy. We can't be mad at the politicians if the politicians are doing exactly what we want them to do.
Reposted for truth.
Posted on 3/5/18 at 12:12 pm to LSUFanHouston
Do me a favor and compare EBR Parish local and state taxes and fees with comparable counties. Look at our per capita income and tell me we aren't at least in the middle when it comes to taxes.
I bet EBR isn't a low taxed county/parish.
I bet EBR isn't a low taxed county/parish.
Posted on 3/5/18 at 12:15 pm to doubleb
Middle is not overtaxed - if that's where you are.
What are comparable counties to EBR?
What are comparable counties to EBR?
Posted on 3/5/18 at 12:30 pm to Slippy
quote:
Planning on sending your kid to LSU on TOPS?
Sounds like poor planning, huh?
The govt cannot, simply CANNOT, supply all your needs. Learn to be more self sufficient. Make better decisions
I think the special session was AWESOME!
Posted on 3/5/18 at 12:34 pm to waiting4saturday
quote:
Good. Maybe they’ll finally re-write the constitution so that we don’t tie-up 90% of our funding
Why wasn’t this pursued after the budget crisis a year ago?
Posted on 3/5/18 at 12:49 pm to LSUFanHouston
From another poster;
Louisiana
Taxes paid as pct. of income: 7.6%
Income per capita: $42,298 (13th lowest)
Income tax collections per capita: $639 (12th lowest)
Property tax collections per capita: $839 (8th lowest)
General sales tax collections per capita: $627 (12th lowest)
I have come to the conclusion regardless of what party is in office they will continue to kick the can down the street instead of addressing real issues. When will Louisiana citizens wake up. This special session is costing taxpayers a pretty penny for absolutely nothing.
Louisiana
Taxes paid as pct. of income: 7.6%
Income per capita: $42,298 (13th lowest)
Income tax collections per capita: $639 (12th lowest)
Property tax collections per capita: $839 (8th lowest)
General sales tax collections per capita: $627 (12th lowest)
I have come to the conclusion regardless of what party is in office they will continue to kick the can down the street instead of addressing real issues. When will Louisiana citizens wake up. This special session is costing taxpayers a pretty penny for absolutely nothing.
Posted on 3/5/18 at 12:51 pm to LSUFanHouston
400k-500K population
This post was edited on 3/5/18 at 1:00 pm
Posted on 3/5/18 at 12:59 pm to RobbBobb
quote:
I think the special session was AWESOME!
We spent 60K a day and accomplished nothing. How, exactly, is that awesome? At a min, we pissed away 600K.
Posted on 3/5/18 at 12:59 pm to Mudminnow
quote:
)
General sales tax collections per capita: $627 (12th lowest)
Our sales tax rates average 10%.
That's right at the highest in the nation and some study is going to tell me we are 12th lowest!!!!!
That right there tells me they aren't looking at what I'm seeing.
I don't buy that study.
Posted on 3/5/18 at 1:02 pm to doubleb
The person who posted that info did so in a comparison to TX.
Easy to see why so many folks from Louisiana are moving to Houston to put several hundred more in their pocket every month and send their kids to great schools.
Easy to see why so many folks from Louisiana are moving to Houston to put several hundred more in their pocket every month and send their kids to great schools.
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