Report: Jindalnomics bring La. far down on tax collections
Hawaii is the only other state in the country that had less tax-collection growth than Louisiana last year, and according to the nonprofit Tax Foundation, the “accounting gimmicks” and “irresponsible” use of one-time dollars under the Jindal administration to avoid raising taxes could be hurting the state’s overall growth.
According to The Advocate, a new report from the Tax Foundation says Louisiana, for the 2011-2012 fiscal year, saw a 1.2 percent increase in tax collections, a small fraction of the 8.9 percent national average. Hawaii’s growth percentage was the lowest at .4 percent:
The report does not specifically categorize Louisiana, but Tax Foundation economist Mark Robyn said Louisiana seems to have taken the “combination” route of using billions of dollars in one-time funds and “across-the-board budget cuts” in recent years. Gov. Bobby Jindal has avoided going the third route of seeking new taxes.
“In the short term, as boom turned to bust, the combination of unsustainable spending commitments and dropping tax revenue led to opening of significant structural budget deficits in many states,” the Washington, D.C.-based Tax Foundation report states.
The national average growth rate for the past four years was 4 percent, and that included during the economic recession. Louisiana grew 3 percent during that time, ranking 43rd nationally.
Jindal responded to The Advocate through a prepared statement, telling the Baton Rouge paper that the Pelican State has “one of the best business climates in the country.”
The Advocate, however, points out that Louisiana is ranked 32nd by the Tax Foundation for “business tax climate,” one spot higher than the 33rd ranking Louisiana held before Jindal took office.
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AUG 29 Everyone who cares about Louisiana should take time to peruse this story about coastal loss from Bob Marshall of The Lens. It's not enough to call it a story; it's an interactive experience packed with data and amazing graphics, timelines, history, photos and excellent writing. Set aside some time, because you can't go through this one in a few minutes.
JUN 29 This bizarre story from the Advocate on the shooting of a Baton Rouge television personality reads like the script of a soap opera - but not a good one. The allegations against him include sexual abuse of children, including the alleged shooter, and a sham immigration marriage involving his own daughter. The other side? He was a chaplin for the Sheriff's Office in Baton Rouge and preached in a local church.
AUG 29 Here's a story from CBS News about a killer amoeba found in the water system of St. John the Baptist Parish. The story made all three networks (CBS, ABC, NBC) as well as Fox "News," although they have not yet found out how it is Obama's fault. Seriously, the good news is that so far officials know of no one sickened by the water.
AUG 29 Huffington Post has a blog called Love Letters, which is grandly described as "an anthology of reflections on places the world over." This entry is from LSU Football Coach Les Miles, who, it appears, loves Baton Rouge. (Of course he does; he's a rich straight white man.) And certainly Baton Rouge loves him - unless he loses (ask Curley "Golden Flake" Hallman about that) or leaves (ask Nick Saban).
AUG 29 Blogger Bob Mann comments here upon Governor Bobby Jindal's federal lawsuit about Common Core. Mann calls it a "thinly veiled campaign document" and that might be the nicest thing he says in this post. Most troubling for Jindal and his aspirations, Mann has unearthed what Bobby said just a few years ago when he first decided to shove Common Core down our throats.
AUG 29 Blogger Tom Aswell has several developments here related to the so-called Edmonson amendment. The most entertaining one is possibly Tom's acknowledgement that a State Police official is (allegedly) calling the bloggers covering the story some colorful names. Listen up, cowboy: You really think two veterans like Tom Aswell and CB Forgotston care if you call them idiots?
AUG 29 Gotta love those journalists who write something with the enthusiasm that implies they're the first one to figure something out. Mostly, they're not. This is one of those times; the post on Slate Magazine says that Bobby Jindal's Common Core lawsuit is a political stunt. Well - Duh.
AUG 29 This story by WVLA tells us about a guy who got busted for speeding in Baton Rouge. Who cares? This guy took that infraction to new heights by going 129 miles per hour on Nicholson Drive. Poor fella - he probably has spent so much time sitting in Baton Rouge traffic he just had to cut lose.
AUG 28 As the controversy surrounding the Office of Group Benefits intensifies, blogger Tom Aswell gives us some background on the current problems. The OGB, which handles health insurance for current and retired state employees, is deep in the red since it was privatized by Jindal, and Aswell gives us the skinny: this great plan was designed by ALEC. The company handling it? Blue Cross Blue Shield of Louisiana - a longtime member of ALEC.
AUG 28 Blogger CB Forgotston has a concept for a new reality show: the wives of the "Dork Dynasty." That's the name that some troopers have given to State Police Commander Mike Edmonson and his inner circle. The ladies CB has picked for his cast are not just housewives, however, and the connections here are pretty interesting.
AUG 28 Blogger Ian McGibboney is writing about the strife in Ferguson in this post, and articulating what many people down south are saying. There's a fairy tale about how there's tons of racism in the South, but it's all hunky dory up North. (Really? Look again.)
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