Jindal- Plan for no state income tax..

Discussion in 'Free Speech Alley' started by Rex_B, Jan 15, 2013.

  1. Rex_B

    Rex_B Geaux Time

  2. LSUsupaFan

    LSUsupaFan Founding Member

    This would seemingly undo a lot of his other policies, especially all the tax credit programs such as film, digital media, R&D, and quality jobs.
  3. Rex_B

    Rex_B Geaux Time

    All of which don't help Louisiana people. Sure they sell us residents back the tax credits but they don't add up for much. Maybe 10% off.
  4. LSUsupaFan

    LSUsupaFan Founding Member

    I disagree. I work with eight people, and none of us would have jobs without the film tax credit. There are thousands more Louisiana residents working in the film industry, and tens of thousands more are working in indirect jobs supported by the film industry.
  5. mobius481

    mobius481 Registered Member

    I don't understand your point? He could just monetize those credits. It's not really any different. However a state sales tax is regressive. It should be a property tax like Texas or some other way to keep a somewhat progressive tax in place.
  6. Rex_B

    Rex_B Geaux Time

    Sure there are some. But I don't believe the end justifies the means.
  7. red55

    red55 curmudgeon Staff Member

    It's hugely regressive. More than a thirdof the people in Louisiana spend their entire paycheck on necessities. The middle class spends way more than half on their needs and wishes. They will get a 20% tax on every cent they earn because they spend almost all of their income. But the richest people spend an increasing smaller portion of their income on their needs and wishes as their income increases. They would only be taxed on a small portion of their income, while their investments would swell with tax-free income and they widen the gap between rich and poor by overtly regressive tax manipulation. Anybody that supports this better be making seven figures a year. Bread and milk and gas money cost exactly the same for him as for the guy making minimum wage.

    A 20% sales tax will kill a lot of small businesses, especially those near borders with Texas, Arkansas, and Mississippi. People will try to avoid spending to avoid paying so much tax. That will only cripple a weak economy. People will buy online and pay more in shipping costs trying to avoid state sales taxes. Plus instead of deducting income tax from your paycheck every year, the state will come after you for online sales tax constantly . . . at great expense to the state, likely.

    And the politicians, to get elected, will immediately start making more and more items exempt from the tax until tax collection collapses and the state goes bankrupt. But Jindal doesn't care about leaving Louisiana in a mess. He just wants to establish a background of being a proponent of all of the right-wing ideology for his future plans. Last year he cut teacher tenure and threatened state pension, before that he backed intelligent design and abortion, so now he's punching his ticket on income tax elimination to benefit the richest among us.
  8. gumborue

    gumborue Painfully Pessimistic

    wow, i really didnt know jugdish was this bad.

    all ive got do deal with in Va is a gov that wants to get rid of state gas tax and add a fee to every hybrid owner. because, state gas tax receipts are down due to efficient cars.
  9. red55

    red55 curmudgeon Staff Member

    They don't call him the Kingpiyush for nothing.
  10. MLUTiger

    MLUTiger Secular Humanist

    Doesn't Louisiana already have sales taxes in the top 5?

Share This Page