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Louisiana Governor Jindal proposes
ending state income tax

Reuters, by Kathy Finn

Original Article

Posted By:Howard Adams, 1/10/2013 11:37:31 PM

Republican Governor Bobby Jindal said on Thursday he wants to eliminate all Louisiana personal and corporate income taxes to simplify the state´s tax code and make it more friendly to business. The governor did not release details of his proposal, but his office released a statement confirming that the taxes are targets of a broader tax reform plan. "Our goal is to eliminate all personal income tax and all corporate income tax in a revenue neutral manner," Jindal said in the statement. (Snip) ...Jindal will propose balancing the tax loss by raising the sales tax, now at 4 percent...

Comments:
This can be done very fairly. Texas has no sales tax on "groceries", prescription drugs and many OTC drugs. That is very fair to citizens on limited incomes. The state rate is 6.25% and city, county, transit and special purpose districts can add taxes totaling another 2% for a maximum 8.25%.

      


Post Reply  

Reply 1 - Posted by: 4Justice, 1/11/2013 12:11:14 AM     (No. 9110084)

Unlike California...Here we pay something like 8.375% sales tax which I think is going up again, plus high income tax, property tax, and a zillion other hidden taxes. Plus prices are high for everything here.

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Reply 2 - Posted by: oh-heck, 1/11/2013 12:18:57 AM     (No. 9110089)

Business income taxes merely get added to the price of the product. When you eliminate the taxes you lower the price of the product on the shelf. This make LA companies more competitive with those in other states. This also reduces the possibility of corruption because an official can´t be bribed to give a tax break when there are no income taxes.

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Reply 3 - Posted by: Spidey, 1/11/2013 3:50:05 AM     (No. 9110146)

I really love this kind of thinking,just like McDonnell in Va.This eliminate countless man hours compiling receipts etc. for deductions.4% sales tax is too low anyway,people that yoke the government for money and benefits need to help feed the beast.

I´m a huge fan of Jindal becoming the 2016 candidate,assuming we survive 4 more of Obama,which is really in question.

I´ve been saying for a while now,republicans need to be more progressive thinkers.Not in a liberal sense but new ways of dealing with old problems.

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Reply 4 - Posted by: Trigger2, 1/11/2013 4:42:49 AM     (No. 9110165)

5..4..3..2..1 before the drive-by media hacks this idea to death.

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Reply 5 - Posted by: alynnmcw, 1/11/2013 9:01:47 AM     (No. 9110417)

It´s hard, not impossible, to attack an idea that works. It works in Texas. Other states are also toying with the idea. Republican governors are our way out of the forest. I hope Jindal and others don´t roll over like their brethren in DC.

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Below, you will find ...

Most Recent Articles posted by "Howard Adams"

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Most Recent Articles posted by "Howard Adams"



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The A.J. Gaston Conference, which starts Monday in Birmingham, Ala., is a celebration of black history month with an emphasis on wealth creation and economic stability. Gaston, a black businessman who supported the end of legal segregation in Birmingham, is a great example of my tribe, the black bourgeoisie. While most of the country is celebrating the civil rights movement, which was defined by marching, forgiving, and nonviolence, this conference celebrates lessons of the black bourgeoisie who created communities, business institutions, organizations and private educational institutions that continue to enrich generations.

   

 

  


 
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Three men charged with the robbery and homicide of a Washington & Jefferson College football player and the robbery and aggravated assault of his teammate appeared individually Friday morning in Washington County Court for their formal arraignments before Judge Edward Borkowski, who said the procedural hurdle starts the official clock ticking on each of their cases. A general charge of homicide includes first-, second- and third-degree murder, and potentially voluntary and involuntary manslaughter. The prosecution does not intend to seek the death penalty in the Oct. 4, 2012, killing of Tim McNerney, 21, of Butler.
Please include source location.

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B-G1


 
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Reuters, by Nanette Byrnes    Original Article
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Chapel Hill, NC - Hopes for overhauling the federal tax system are fading in Washington, but in some state capitals, tax reform experiments - some far-reaching - are fast taking shape. Across the South and Midwest, Republicans have consolidated control of state legislatures and governorships, giving them the power to test long-debated tax ideas. Louisiana Republican Governor Bobby Jindal, for instance, called on Thursday for ending the state´s income tax and corporate taxes, with sales taxes compensating for lost revenue. A similar plan is being pushed by Republicans in North Carolina. Kansas...
Source and dateline corrected to site style by Staff.

   

 

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Louisiana Governor Jindal proposes
ending state income tax
Reuters, by Kathy Finn    Original Article
Posted By: Howard Adams- 1/10/2013 11:37:31 PM     Post Reply
Republican Governor Bobby Jindal said on Thursday he wants to eliminate all Louisiana personal and corporate income taxes to simplify the state´s tax code and make it more friendly to business. The governor did not release details of his proposal, but his office released a statement confirming that the taxes are targets of a broader tax reform plan. "Our goal is to eliminate all personal income tax and all corporate income tax in a revenue neutral manner," Jindal said in the statement. (Snip) ...Jindal will propose balancing the tax loss by raising the sales tax, now at 4 percent...



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