Eliminating Louisiana's income tax could mean higher sales tax, fewer exemptions

SmashMouth · 01-12-2013, 10:58 AM

Consumption tax always increases the base... and it is in reality the fairest method. It does include the underground economy also among that base. It is also a good tool to keep government spending in check as they have to plan more carefully. Simply look at the Texas model. People are flocking here from all over because of the business and tax climate. Jindal has begun the process by making Louisiana more attractive to business. He is attacking the tax structure which is antiquated in Louisiana. He also attempted the last piece of the puzzle, education, with the voucher system (letting the dollars follow the student and giving choice to the parent). This is currently being challenged. Save for a few, the public school system cannot get any worse, that's for sure.

01-12-2013, 10:58 AM	#6
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 38,814 Blog Entries: 29	Re: Eliminating Louisiana's income tax could mean higher sales tax, fewer exemptions Consumption tax always increases the base... and it is in reality the fairest method. It does include the underground economy also among that base. It is also a good tool to keep government spending in check as they have to plan more carefully. Simply look at the Texas model. People are flocking here from all over because of the business and tax climate. Jindal has begun the process by making Louisiana more attractive to business. He is attacking the tax structure which is antiquated in Louisiana. He also attempted the last piece of the puzzle, education, with the voucher system (letting the dollars follow the student and giving choice to the parent). This is currently being challenged. Save for a few, the public school system cannot get any worse, that's for sure.