Will Louisiana become a failed state?

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Posted 6/19/18 , edited 6/19/18
http://www.theadvocate.com/baton_rouge/news/politics/legislature/article_4f0596b2-70d5-11e8-8c81-13ac63fe1f2e.html

tl;dr - Here's what we're looking at if lawmakers don't pass new taxes...

$184M cut to higher education

$620M cut to healthcare

Elimination of SNAP

$81M cut to public security (potentially leading to the release of as many as 10,000 inmates because the state's jails and prisons can't afford to hold them)

We've got until 4:00 pm CST next Wednesday, June 28 to figure all of this out. Wish us good luck!
Posted 6/19/18 , edited 6/29/18
Every state in the south failed.
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Posted 6/19/18 , edited 6/19/18

painisgain wrote:

Every state in the south failed.


This is true. The Civil War ruined the economies of the southern states. That's why it's so ignorant when people say our country was built on slavery.

runec 
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Posted 6/19/18 , edited 6/19/18
"Become"? >.>
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Posted 6/19/18 , edited 6/19/18
According to this your state's sales tax is the highest in the country.

https://www.nola.com/politics/index.ssf/2017/07/louisiana_still_has_the_highes.html

Do you have a vehicle registration tax? Income tax? Property tax?

It says you have a gift tax, estate tax and all the rest.

So do you want an increase in the rates you have now or taxes on more products and services? Specifics man!

Otherwise your like this guy.



Also this




You can turn your state a deeper shade of red on this map but it'll also stay red on another, far more important map lol
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Posted 6/19/18 , edited 6/19/18

MysticGon wrote:

According to this your state's sales tax is the highest in the country.

https://www.nola.com/politics/index.ssf/2017/07/louisiana_still_has_the_highes.html

Do you have a vehicle registration tax? Income tax? Property tax?


Our previous governor cutting the income tax back in 2009 is a big reason why we’re in this mess now. All attempts to restore it have been DOA. Last year, our current governor proposed a business tax increase that would have generated about $800M in revenue, but the legislature shot it down immediately.
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Posted 6/19/18 , edited 6/19/18

geauxtigers1989 wrote:


MysticGon wrote:

According to this your state's sales tax is the highest in the country.

https://www.nola.com/politics/index.ssf/2017/07/louisiana_still_has_the_highes.html

Do you have a vehicle registration tax? Income tax? Property tax?


Our previous governor cutting the income tax back in 2009 is a big reason why we’re in this mess now. All attempts to restore it have been DOA. Last year, our current governor proposed a business tax increase that would have generated about $800M in revenue, but the legislature shot it down immediately.


Interesting. Probably on the grounds of wanting to make the state more attractive to said businesses. Perhaps taxing the oil firms would be good because they can afford it but they have enormous leverage in federal and state governments. Matter of fact they were just talking about your state on NPR because of a republican mayor that is trying to make his city 100% green by 2030 because all the money that is saving his city. Oil prices are going back up which means production will too, which means there will be an increase in revenues. Increasing taxes would only be one piece of the puzzle though. Increasing tourism and marketing it as a good place to move to will hep boost revenue even if it sticks at the current rate. More people, more income tax, sales tax, property tax, and if more businesses show up, more taxes from them. Or you can tax yourself now and potentially shoot yourself in the foot later. You can start a petition and put it to a vote and let the electorate decide.
runec 
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Posted 6/19/18 , edited 6/19/18

geauxtigers1989 wrote:
Our previous governor cutting the income tax back in 2009 is a big reason why we’re in this mess now. All attempts to restore it have been DOA. Last year, our current governor proposed a business tax increase that would have generated about $800M in revenue, but the legislature shot it down immediately.


Hell, look at what happened to Kansas. It become a full on experiment in conservative economic policy and it imploded. It hasn't recovered since but at least they've smarted up enough to warn other Republicans to stop trying to pull similar ideas. Not that it's stopping anyone else from trying granted.

You simply don't magically get economic growth by cutting taxes and thus your own revenue. When you put that on top of spending years feeding your voters a message of all taxes = bad rawr you shoot yourself in both feet.

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Posted 6/19/18 , edited 6/20/18

karatecowboy wrote:


painisgain wrote:

Every state in the south failed.


This is true. The Civil War ruined the economies of the southern states. That's why it's so ignorant when people say our country was built on slavery.



I am also suspicious toward slavery as a justification to the Civil War considering the American historic politics, but that is no reason to take only Africans as slaves unless the African slaves are valued for their advanced horticultural skills. Anyway, I should also mention about the knowledge and innovations from the Native Americans that is vital to the survival of the Europeans settlers, but that the Europeans invaders refuse to acknowledge in their self-serving delusion (which is getting less worse since the Cold War).


runec wrote:


geauxtigers1989 wrote:
Our previous governor cutting the income tax back in 2009 is a big reason why we’re in this mess now. All attempts to restore it have been DOA. Last year, our current governor proposed a business tax increase that would have generated about $800M in revenue, but the legislature shot it down immediately.


Hell, look at what happened to Kansas. It become a full on experiment in conservative economic policy and it imploded. It hasn't recovered since but at least they've smarted up enough to warn other Republicans to stop trying to pull similar ideas. Not that it's stopping anyone else from trying granted.

You simply don't magically get economic growth by cutting taxes and thus your own revenue. When you put that on top of spending years feeding your voters a message of all taxes = bad rawr you shoot yourself in both feet.



Tell that to Doug Ford, the Donald Trump of Canada, who get elected as the government of Canadian province of Ontario and who promised tax cut and hiring freeze in public sector.
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Posted 6/25/18 , edited 6/25/18
http://www.theadvocate.com/baton_rouge/news/politics/legislature/article_ceddbd7c-77e9-11e8-95bf-273752fc5f58.html

Disaster averted. Sales tax renewed through 2025; everything should be fully funded until then.
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