Bobby Jindal calls for elimination of LA corporate and income tax

[jdmyprez_deo_vindice]

I am certainly no fan of Jindal but we should applaud people when they move in the right direction.

http://www.nola.com/politics/index.ssf/2013/01/gov_bobby_jindal_calls_for_eli.html

 

[compromise]

Good news for Louisianans, but not so good for Rand 2016. This is something he can brag about in the primaries, should he run.

 

[EBounding]

Revenue Neutral

 

[Keith and stuff]

Not going to happen. I don't think people are going to vote to put the sales tax rate at 12% in LA. Plus, that wouldn't be enough. It would be so high, people would buy less new stuff at stores in LA and it would need to go to 13%. I think the highest in the county is part of CA at 10% or slightly more. This would be much higher (percentage increase wise) and really hurt and destroy Jindal in a general election.

If he wants to really help the people, he should cut the income tax rate by cutting state government spending.

THIS IS JUST A DISTRACTION.

 

[lx43]

I am certainly no fan of Jindal but we should applaud people when they move in the right direction.

http://www.nola.com/politics/index.ssf/2013/01/gov_bobby_jindal_calls_for_eli.html

Bad idea for the citizens of LA trust me!!! My county proposed eliminating all property taxes about a decade ago in exchange for increasing the sales tax. What we have now is record high property taxes and a sales tax that has doubled.

 

[erowe1]

Revenue Neutral

Yep. It says right at the top that these cuts are to be paid for with sales tax increases.

It's just an attempt to get the duck to squawk less while they still take off just as many feathers.

 

[Aratus]

governor jindal acts decisively as 2016 metaphorically looms...?

 

[erowe1]

Not going to happen. I don't think people are going to vote to put the sales tax rate at 12% in LA. Plus, that wouldn't be enough. It would be so high, people would buy less new stuff at stores in LA and it would need to go to 13%. I think the highest in the county is part of CA at 10% or slightly more. This would be much higher (percentage increase wise) and really hurt and destroy Jindal in a general election.

If he wants to really help the people, he should cut the income tax rate by cutting state government spending.

THIS IS JUST A DISTRACTION.

Or it could just be Jindal's opening offer for negotiations that he hopes to see end up with slightly higher sales taxes, slightly lower corporate taxes, no change in personal income taxes, and more revenue overall.

 

[KingNothing]

Yep. It says right at the top that these cuts are to be paid for with sales tax increases.

It's just an attempt to get the duck to squawk less while they still take off just as many feathers.

It's still a net positive. Income tax is the worst of all taxes. Doing away with it is a very good thing.

 

[erowe1]

It's still a net positive. Income tax is the worst of all taxes. Doing away with it is a very good thing.

Maybe. I don't know. I can't get excited about anything revenue-neutral.

 

[KingNothing]

Maybe. I don't know. I can't get excited about anything revenue-neutral.

Agreed, but if I were citizen of the state, my take-away would be that the tax burden would shift more towards tourists and away from me. And eliminating the corporate income tax will certainly make it easier for companies to do business in the state.

 

[Keith and stuff]

Maybe. I don't know. I can't get excited about anything revenue-neutral.

I agree. It isn't worth the activism time or political capital in most cases. Plus, the sales tax would be insanely high. Additionally, LA already borders a state with a long history of no income tax. Companies in the area are still likely to pick Texas over LA.

Wikipedia claims sales tax is already 10% in part of LA. So this would mean 14%. That is substantially higher than anywhere else in the US. Insanity!

http://en.wikipedia.org/wiki/Sales_taxes_in_the_United_States#Louisiana

 

[specsaregood]

I remember a certain presidential candidate in 2007 that suggested that the best response to Katrina would not be federal money, but perhaps making New Orleans a tax freezone for a decade or so...

 

[gwax23]

I remember a certain presidential candidate in 2007 that suggested that the best response to Katrina would not be federal money, but perhaps making New Orleans a tax freezone for a decade or so...

Ron paul?

 

[torchbearer]

Good news for Louisianans, but not so good for Rand 2016. This is something he can brag about in the primaries, should he run.

that's the point.
We have a good shot at taking Louisiana, unless Jindal starts to gain traction.
Then it will be tough.

 

[torchbearer]

I agree. It isn't worth the activism time or political capital in most cases. Plus, the sales tax would be insanely high. Additionally, LA already borders a state with a long history of no income tax. Companies in the area are still likely to pick Texas over LA.

Wikipedia claims sales tax is already 10% in part of LA. So this would mean 14%. That is substantially higher than anywhere else in the US. Insanity!

http://en.wikipedia.org/wiki/Sales_taxes_in_the_United_States#Louisiana

but we get a sales tax holiday once a year.
our tax system is a mess.

 

[matt0611]

Sales tax is preferable to an income tax IMO. I think if a state is going to have a general tax then a sales tax is the least bad for several reasons.

1. Its simpler

2. No withholding

3. It doesn't discourage savings like income taxes

4. You can avoid paying for some of it if you buy online or out-of-state

 

[Bruehound]

Cross border shopping would explode. This is stupid.

 

[torchbearer]

Cross border shopping would explode. This is stupid.

shhhhhhhhhhhhhhhhhhhhhh!!!!!!!!!!!
if someone was taking online orders for produce and meat near rthe border, they could make a fortune.

lets go with the high sales tax.

 

[Rudeman]

He's also proposing gun legislation:

Jindal’s proposed legislation would:

-- Authorize the state to confidentially share an individual’s eligibility to purchase a firearm based on his or her mental health records, such as those involuntarily committed to mental health facilities, and mandate that the State Supreme Court report eligibility to the NICS, in full compliance with the Health Insurance Portability and Accountability Act (HIPAA). The State Supreme Court will collect and transfer eligibility status to the NICS the same way criminal data is currently reported.

-- Define situations where mental health eligibility must be reported and when a person would be disqualified from purchasing a firearm. This determination will be made by a court. Criteria will include whether or not a person is deemed to be a danger to himself, herself or others as a result of mental illness; whether or not a person is deemed incapable of managing his or her own affairs; whether or not a person has been found not guilty by reason of insanity or other mental disease or defect in a criminal case; whether or not a person has been found guilty but insane in a criminal case; whether or not a person has been found incompetent to stand trial; and whether or a not person has been formally and involuntarily committed to a mental institution or asylum.

-- Define situations when the state may request to have an individual deemed competent by health care professionals removed from the NICS database.

The “relief from disabilities” provision will protect the rights of healthy, law-abiding citizens and allow Louisiana to utilize federal funding for NICS.

Similar laws exist in Alabama, Connecticut, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Nevada, New York, North Dakota, Oregon, Texas, Virginia and Wisconsin.

Jindal said passage of such legislation would enhance gun safety and mental health reporting standards in Louisiana.

Read the rest: http://www.shreveporttimes.com/arti...propose-gun-safety-legislation?nclick_check=1