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Started By
Message
Neil Riser's Bill Eliminates Personal Income Tax in LA
Posted on 4/3/24 at 11:05 am
Posted on 4/3/24 at 11:05 am
Y'all will probably chastise me for not putting this on the political board but I don't really care.
LINK
LINK
Posted on 4/3/24 at 11:13 am to FreeState
I would to see my mortgage statement at the end of the year with rising insurance rates in Louisiana plus increased property taxes due to no income tax. This shite will be more than my principal.
Posted on 4/3/24 at 11:15 am to FreeState
Property tax will skyrocket. These slapdicks can’t do shite right.
Posted on 4/3/24 at 11:26 am to White Bear
Property tax needs to go too. Only sales tax should be allowed.
Posted on 4/3/24 at 11:29 am to broadhead
question for the floor: how high of a sales tax would you be willing to take if it meant no income and property taxes?
This post was edited on 4/3/24 at 11:30 am
Posted on 4/3/24 at 11:31 am to Commandeaux
quote:.
would to see my mortgage statement at the end of the year with rising insurance rates in Louisiana plus increased property taxes due to no income tax.
Would happily double my property tax for no income tax
If you dont like your property tax then move to a smaller lot/house
All tax is bad but consumption taxes are less bad
Posted on 4/3/24 at 11:32 am to Commandeaux
quote:
plus increased property taxes due to no income tax
This is how Texas gets away with it and yet people think it’s such a big difference not paying state income tax. The states gonna get their money one way or another
Posted on 4/3/24 at 11:32 am to Pedro
quote:
question for the floor: how high of a sales tax would you be willing to take if it meant no income and property taxes?
Whatever it takes to make up the deficit.
Sales taxes force everybody to pay their fair share
Posted on 4/3/24 at 11:34 am to Pedro
quote:
question for the floor: how high of a sales tax would you be willing to take if it meant no income and property taxes?
EBR is already at 9.5 or 10%, this highest in the nation for a city of its population size. So no more than that.
Posted on 4/3/24 at 11:37 am to turnpiketiger
quote:But Texas also has public schools that your kids can go to.
This is how Texas gets away with it
Would we get that too?
Posted on 4/3/24 at 11:38 am to Bullfrog
quote:
But Texas also has public schools that your kids can go to
In “nice” areas yeah. Just like Louisiana.
Would you send your kids to Harris or Dallas County schools?
This post was edited on 4/3/24 at 11:38 am
Posted on 4/3/24 at 11:38 am to turnpiketiger
quote:
This is how Texas gets away with it and yet people think it’s such a big difference not paying state income tax.
Yeah, lets not emulate Texas because Louisiana is kicking butt while Texas is last in everything.
Posted on 4/3/24 at 11:40 am to Bullfrog
quote:
Would we get that too?
Baby steps.
Posted on 4/3/24 at 11:41 am to Pedro
quote:
how high of a sales tax would you be willing to take if it meant no income and property taxes?
I'd pay a 20% sales/consumption tax if it meant ALL other taxes go away. Level the playing field for everybody. An illegal immigrant buying a candy bar, Trump buying a new private jet, or Musk buying Twitter. 20% tax on the transactions.
Posted on 4/3/24 at 11:49 am to Cosmo
quote:
Would happily double my property tax for no income tax If you dont like your property tax then move to a smaller lot/house All tax is bad but consumption taxes are less bad
This.
Taxing income (which is productive) is dumb as hell.
Posted on 4/3/24 at 11:49 am to broadhead
quote:what none of these obtuse fricks ever table is reducing government size and associated spending. They’re all a fkn joke until they do.
Property tax needs to go too. Only sales tax should be allowed.
Posted on 4/3/24 at 11:52 am to turnpiketiger
quote:
This is how Texas gets away with it and yet people think it’s such a big difference not paying state income tax. The states gonna get their money one way or another
It is a huge difference for a lot of people.
My tax liability to louisiana is like 15k higher than it is to Texas for same value house.
Posted on 4/3/24 at 11:52 am to White Bear
quote:
Property tax will skyrocket. These slapdicks can’t do shite right.
I don’t think you understand the trade off of paying property taxes versus state income tax and how one is more preferable than the other. Eliminating income tax is also probably the best thing Louisiana can do to turn this shithole state around. Do the research before you speak about something you don’t understand.
Posted on 4/3/24 at 11:52 am to Cosmo
quote:Playing devil's advocate here...
Whatever it takes to make up the deficit.
Sales taxes force everybody to pay their fair share
LA sales tax rate is already 2-3% higher on average than MS and TX. If you raise the sales tax too much higher, now you're just encouraging people to either shop online at sites that don't automatically add sales tax or make the extra drive to MS or TX to make their big ticket purchases because the sales tax difference is worth the trip.
So it seems like you'd want to be careful about raising the sales tax so as not to hurt brick and mortar retailers in the state, especially it towns close to the state line.
Posted on 4/3/24 at 12:02 pm to JumpingTheShark
quote:The burden will still fall on the producers, smart guy. So you simply rename the tax and change the mailing address. Brilliant fricking plan. JFC
I don’t think you understand the trade off of paying property taxes versus state income tax and how one is more preferable than the other. Eliminating income tax is also probably the best thing Louisiana can do to turn this shithole state around. Do the research before you speak about something you don’t understand.
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