Comments for La.'s revenue shell game at http://www.theind.com , comment 1 to 4 out of 4 comments http://www.theind.com Fri, 24 May 2013 16:35:15 +0100 FeedCreator 1.7.3 http://www.theind.com/news/indreporter/12049-las-revenue-shell-game#comment-27462 Lap Dogs who have been clipped? - Michael A. Moss Tue, 27 Nov 2012 02:37:01 +0100 http://www.theind.com/news/indreporter/12049-las-revenue-shell-game#comment-27458 Actually, I prefer to refer to them as "lap dogs". - Greg Foreman Sun, 25 Nov 2012 04:50:26 +0100 http://www.theind.com/news/indreporter/12049-las-revenue-shell-game#comment-27455 Robideaux, the reason it would not pass is because your fellow legislators are EUNUCHS!!!!!!!!!!!!!!!!! - Michael A. Moss Fri, 23 Nov 2012 10:10:35 +0100 http://www.theind.com/news/indreporter/12049-las-revenue-shell-game#comment-27454 One simple change to the Louisiana tax code would be to change all Louisiana tax credits from a refundable to a non-refundable status. Currently, nearly all of the tax credits granted are of a refundable status, i.e, the credit allows the filer to receive a refund greater than the amount of tax owed. This is costing the state untold millions(estimates of up to $500 million dollars: REF; THE ADVOCATE) in lost revenue because the state is paying out money that otherwise would go to the general fund. Under a non-refundable credit, tax refunds would be limited to/could not exceed the amount of tax owed for the fiscal year filed. Even the federal government does not allow refundable credits for the same credits offered by Louisiana. OK Bobby--let's see what you have to say about this? Greg - Greg Foreman Thu, 22 Nov 2012 06:14:05 +0100